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Ex-Binance CEO Changpeng Zhao — who called SBF a ‘liar’ — faces 3 years for money laundering

Posted on AllSides April 24th, 2024
From The Right

Former crypto kingpin Changpeng Zhao may soon share a cell with FTX fraudster Sam Bankman-Fried — and if the feds get their way it will be for three years. US prosecutors recommended an above-guidance, 36-month sentence for the disgraced Binance chief after the founder of the world’s largest cryptocurrency exchanges pleaded guilty to money laundering charges. Prosecutors asked for the longer penalty in a sentencing memo filed with the court for the western district of Washington late Tuesday to “reflect the gravity of his crimes,” CNBC reported. Zhao — who...

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