BNB USD (BNB-USD)
- Business Insider
The rise and fall of Changpeng 'CZ' Zhao, the ex-Binance CEO who pleaded guilty to anti-money laundering charges
Binance founder Changpeng Zhao has been sentenced to 4 months in prison after pleading guilty to anti-money laundering charges in November.
- Yahoo Finance Video
Binance founder Changpeng Zhao sentenced to 4 months in prison
Binance (BNB-USD) Founder and former CEO Changpeng "CZ" Zhao has been sentenced to four months in prison on Tuesday after pleading guilty to money laundering charges. The crypto exchange has paid $4.3 billion in fines as part of Zhao's plea deal with authorities. Zhao's sentencing comes over a month since FTX's own Sam Bankman-Fried was sentenced to 25 years after defrauding his platform's investors and customers. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
- CoinDesk
Bitcoin Falls 8%, Drops Below $62K Before Rebound
Bitcoin and the broader cryptocurrency market fell nearly 10% on Saturday.
