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Binance’s Founder Changpeng Zhao Sentence Now Executed, Starting 4 Months In Prison

2025-07-03 17:25:32

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Changpeng Zhao (CZ) started a four-month prison sentence for inadequate anti-money laundering measures and agreed to a $50 million fine. Binance’s founder sentence was lighter than expected as part of a settlement, while he expressed regret in court. According to CNBC, Changpeng Zhao, the former CEO of Binance, has begun his four-month sentence in a

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