Thursday, 25 April, 2024

US Seeks 3-Year Jail Sentence for Binance Founder Changpeng Zhao

The US is seeking a 36-month jail term for Changpeng Zhao, the founder of Binance, a prominent cryptocurrency exchange. The request comes amid regulatory scrutiny and legal challenges faced by Binance in various jurisdictions. If convicted, Zhao could face imprisonment, reflecting the escalating regulatory pressures on cryptocurrency platforms and their executives.