Binance CEO ‘CZ’ sentenced to four months in prison

Changpeng Zhao, also known as “CZ,” the founder and CEO of crypto exchange Binance, has been sentenced to four months in prison. Six days ago, the US Department of Justice had recommended that Zhao be given a 36-month prison sentence, which would have been “well above the possible 18 months laid out in his plea […] © 2024 TechCrunch. All rights reserved. For personal use only.