US seeks 36 months' jail for Binance founder Zhao

channelnewsasia.com/business/us-seeks-36-months-jail-binance-founder-zhao-4288171

NEW YORK: Changpeng Zhao, the founder of Binance, the world's largest cryptocurrency exchange, should serve 36 months in prison after pleading guilty to violating laws against money laundering, US prosecutors said in a court filing on Tuesday (Apr 23).
Zhao, who is expected to be sentenced on Apr 30 in Seattle, stepped down as Binance's chief last November, when he and the…

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