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Tag: Changpeng Zhao

Binance Founder Changpeng Zhao Released From US Custody: Report

Posted on September 27, 2024 By admin
Binance Founder Changpeng Zhao Released From US Custody: Report

Washington: Binance founder Changpeng Zhao was released from a correctional facility in California on Friday, Bloomberg News reported, citing a spokesperson for the Bureau of Prisons. Former CEO Zhao was sentenced to four months in prison earlier this year, after pleading guilty to violating U.S. laws against money laundering at the world’s largest cryptocurrency exchange….

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Ex-Binance CEO Jailed For 4 Months In US Over Money Laundering Violations

Posted on April 30, 2024 By admin
Ex-Binance CEO Jailed For 4 Months In US Over Money Laundering Violations

Changpeng Zhao pleaded guilty to violating US anti-money laundering laws. Washington: The founder of cryptocurrency firm Binance was sentenced to four months in US prison on Tuesday after pleading guilty to money laundering charges, in the most high-profile crypto case since Sam Bankman-Fried was jailed. Changpeng Zhao, a Canadian, resigned from his post at the…

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