Founder of Binance Faces Potential Prison Sentence in US Government's Case
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#e86c2000 ver:0.14
Founder of Binance, Changpeng Zhao (CZ), faces potential prison sentence and fines for violating US securities laws and money laundering. The outcome of the case could shape future regulations for cryptocurrencies. CZ has pleaded for leniency and expressed remorse, while his defense team argues for probation. The case highlights the need for stricter compliance measures in the crypto industry. Binance has agreed to a $4.3 billion settlement and will cooperate with the government. Sentencing is scheduled for April 30. #Binance #cryptocurrency #regulation #moneylaundering...
#newstr #Binance #ChangpengZhao #UsGovernment #Cryptocurrency #Regulation
https://here.news/story/e86c2000?ver=0.14