Apr 30, 2024, 11:34 PM
Apr 30, 2024, 12:00 AM

Binance founder changpeng zhao faces sentencing for money laundering

Highlights
  • Federal prosecutors seek three years in jail for Binance founder Changpeng Zhao for money laundering charges.
  • Zhao's lawyers request five months' probation, citing his acceptance of responsibility for violating anti-money laundering laws.
  • U.S. prosecutors advocate for a tough sentence to show compliance with the law in the crypto industry.

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