Binance Founder Gets Four Months in Prison

On Tuesday it was time for Changpeng “CZ” Zhao to ask for forgiveness, yet prosecutors weren’t exactly in the mood to grant it. In a court filing before his sentencing hearing, they cited the flippant attitude on display in this and other remarks as one of the reasons they recommended the court give him three years in prison, longer than what guidelines prescribe, following his guilty plea to violating anti-money laundering laws in November. David Gura has more.

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