binance
The founder of the cryptocurrency exchange Binance, Changpeng Zhao, was sentenced on Tuesday to four months in federal prison after he and Binance admitted to money laundering charges in a deal reached with prosecutors. The guilty plea resulted in fines of around $4.3 billion for Binance and $50 million for Zhao, which is unlikely to put a dent in his budget as he was ranked 42nd in the Bloomberg financial service's list of billionaires on Wednesday, with an estimated fortune of just over $36 billion. It mainly consists of his stake in Binance Zhao is likely to become the richest inmate in a U...
DPA Breaking News
The founder of the cryptocurrency exchange Binance, Changpeng Zhao, was sentenced on Tuesday to four months in federal prison after he and Binance admitted to money laundering charges in a deal reached with prosecutors. The guilty plea resulted in fines of around $4.3 billion for Binance and $50 million for Zhao, which is unlikely to put a dent in his budget as he was ranked 42nd in the Bloomberg financial service's list of billionaires on Wednesday, with an estimated fortune of just over $36 billion. It mainly consists of his stake in Binance Zhao is likely to become the richest inmate in a U...
DPA Breaking News
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