Binance Founder Sentenced to 4 Months in Prison NYT: Technology By: David Yaffe-Bellany 30 April 2024 at 17:56 Changpeng Zhao, the founder and former chief executive of the Binance cryptocurrency exchange, had pleaded guilty to a money-laundering violation. © Grant Hindsley for The New York TimesChangpeng Zhao, the founder of the Binance cryptocurrency exchange, walking into the federal courthouse in Seattle on Tuesday to face sentencing.
Binance Founder Should Get 3 Years in Prison, Prosecutors Say NYT: Technology By: David Yaffe-Bellany 24 April 2024 at 14:38 Lawyers for Changpeng Zhao, the founder of the crypto exchange Binance, countered that he should receive no prison time. © Ore Huiying for The New York TimesJust 18 months ago, Changpeng Zhao, riding high as Binance’s chief executive, helped set off the chain of events that led to the collapse of FTX, Binance’s largest rival.
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