Binance founder Changpeng Zhao is being sentenced to 4 months in prison after being charged for violating US anti-money laundering rules. Antonio Masiello / Getty Changpeng Zhao, founder of crypto exchange Binance, has been sentenced to 4 months in prison.
Can Binance founder Changpeng Zhao return to the United Arab Emirates?
Attorneys for former Binance CEO Changpeng Zhao are asking a federal judge to permit the founder of the cryptocurrency trading platform to return to his home in the United Arab Emirates before he is sentenced in the U.S. after pleading guilty to money laundering earlier this week.
Who is Changpeng Zhao?
Changpeng Zhao, the founder and former chief executive of the Binance cryptocurrency exchange, had pleaded guilty to a money-laundering violation. Changpeng Zhao, the founder of the Binance cryptocurrency exchange, walking into the federal courthouse in Seattle on Tuesday to face sentencing. Grant Hindsley for The New York Times
