**Binance Founder Jailed**: Shocking Latest Update on Changpeng Zhao’s 4-Month Sentence Stuns Crypto World
Seattle, Washington – Binance founder Changpeng Zhao faced a four-month prison sentence due to the lack of sufficient anti-money laundering safeguards. Zhao, formerly at the helm of the world’s largest cryptocurrency exchange, admitted guilt in November 2023. During sentencing, Judge Richard Jones criticized Zhao for prioritizing Binance’s growth and profits over adhering to US laws and regulations. While Jones expressed doubt about Zhao repeating such offenses, he underscored the significant scale of the crime. Contrary …