Binance Founder, Changpeng Zhao, Sentenced to 4 Months in Prison in US
Changpeng Zhao, the billionaire and founder of the giant cryptocurrency exchange Binance, has been sentenced on Tuesday to four months in prison, a much lighter penalty than other crypto executives have faced since the industry imploded in 2022. Recall, Mr. Zhao pleaded guilty last year to a money-laundering violation, acknowledging that his company allowed terrorist…