Eric Liboiron La Presse

Binance Founder Changpeng Zhao Gets 4 Months in Prison

“There’s no evidence that the defendant was ever informed” of illegal activity at Binance, the judge said in a Seattle courtroom, before saying he disagreed with the U.S. Department of Justice’s recommendation for an increase from the baseline sentencing guideline of 10 to 16 months in prison and up to three years of supervised release.

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