Your current location:HOME >style >Binance founder Changpeng Zhao faces sentencing; US seeks 3 正文
TIME:2024-05-21 22:16:16 Source: Internet compilationEdit:style
SEATTLE (AP) — Changpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange,
SEATTLE (AP) — Changpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange, faces sentencing Tuesday in a Seattle courtroom, where U.S. prosecutors are asking a judge to give him a three-year prison term for allowing rampant money laundering on the platform.
Zhao pleaded guilty and stepped down as Binance CEO in November as the company agreed to pay $4.3 billion to settle related allegations. U.S. officials said Zhao deliberately looked the other way as illicit actors conducted transactions that supported child sex abuse, the illegal drug trade and terrorism.
“He made a business decision that violating U.S. law was the best way to attract users, build his company, and line his pockets,” the Justice Department wrote in a sentencing memorandum filed last week.
Zhao’s attorneys, insist he should receive no prison term at all, citing his willingness to come from the United Arab Emirates, where he and his family live, to the U.S. to plead guilty, despite the UAE’s lack of an extradition treaty with the U.S. No one has ever been sentenced to prison time for similar violations of the Bank Secrecy Act, they said.
Siblings trying to make US water polo teams for Paris Olympics2024-05-21 21:53
Sergei Bobrovsky makes 31 saves, Panthers beat Lightning 62024-05-21 21:37
Colleges grapple to clear out encampments of pro2024-05-21 21:32
I was single for six years because I'm too hot to date and men are 'scared off' by my good looks2024-05-21 21:07
Company wins court ruling to continue development of Michigan factory serving EV industry2024-05-21 20:51
Williams, Gilgeous2024-05-21 20:48
Rays thwart Brewers' ninth2024-05-21 20:39
Martin Freeman breaks his silence on the fierce backlash surrounding THAT X2024-05-21 20:08
Kylie Jenner displays her VERY edgy fashion sense in cleavage2024-05-21 19:54
Shooting after prom kills 1 and injures 3 in south Georgia town2024-05-21 19:51
The fightback begins: Boss of London's Queen Mary University tells pro2024-05-21 21:16
El Salvador's congress approves changes to reform constitution, a move critics call anti2024-05-21 21:09
Afghanistan's Taliban woos foreign tourists2024-05-21 20:55
El Salvador's congress approves changes to reform constitution, a move critics call anti2024-05-21 20:54
Kid Rock 'uses N2024-05-21 20:52
Biden administration issues new rules on airline fees and refunds2024-05-21 20:44
Kepler's RBI single in 9th inning gives Twins 32024-05-21 20:22
Death of Suzanne Morphew, reported missing on Mother's Day 2020, ruled a homicide2024-05-21 20:22
New York Liberty improve to 42024-05-21 19:46
Rays reliever Chris Devenski goes on the injured list with knee tendinitis2024-05-21 19:43