The founder and former director of the Binance cryptocurrency exchange Changpeng Zhao was sentenced in the United States to four months in prison for financial crimes, reported ag . Bloomberg.
The hearing was held on Tuesday in a court in Seattle (Washington state), which was attended by Changpeng Zhao. As noted by the agency, the prison term in accordance with the sentence handed down by Judge Richard Jones is much less than the demands of the prosecutors, who had insisted on three years in prison. The lawyers asked for a suspended sentence for their client.