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The Daily Hodl 2024-04-25 16:55:52

US Justice Department Pushes for Three-Year Prison Sentence for Binance Founder Changpeng Zhao: Report

The U.S. Department of Justice (DOJ) is reportedly seeking a tougher sentence for Binance founder Changpeng Zhao for violating money laundering laws. According to Reuters, US prosecutors want Zhao to serve three years in prison, or twice the maximum 18 months recommended under federal guidelines. In November, Zhao stepped down as CEO of Binance after The post US Justice Department Pushes for Three-Year Prison Sentence for Binance Founder Changpeng Zhao: Report appeared first on The Daily Hodl .

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