Changpeng Zhao

Binance crypto founder Changpeng Zhao sentenced to four months in prison

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[ Binance founder Changpeng Zhao was ordered to spend four months in prison for failures that allowed cybercriminals and terrorist groups to freely trade on the world’s largest cryptocurrency exchange.Zhao, 47, was sentenced Tuesday by US District Judge Richard Jones in Seattle. Dressed in a dark suit with a light blue tie, the billionaire arrived … Read more

Friends, family, royalty seek mercy for crypto’s richest man Changpeng Zhao

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[ Binance co-founder Changpeng Zhao is facing up to three years in prison, if efforts by US prosecutors to secure his sentencing prove successful. More than 160 friends, colleagues and investors are determined for the crypto executive to escape incarceration entirely. Totaling nearly 350 pages, a trove of letters submitted to a Seattle court by … Read more