Changpeng Zhao (CZ), the founder of Binance, has begun serving his prison sentence in California. The billionaire, now known as the richest prisoner in the history of the US prison system, must spend four months behind bars - much less than the three years requested by prosecutors - who claimed the need for severe punishment to curb illegal practices in the sector In addition to the prison sentence, Binance agreed to pay a fine of US$$ 4.32 billion, while Zhao was ordered to *pay* a criminal fine of US$$ 50 million, plus another US$$ 50 million to the US Commodity Futures Trading Commission.#ChangpengZhao #binance 274255 23715#notícias #USA @all
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.