Zhao Changpeng, a former CEO of Binance, the world's largest cryptocurrency exchange, was sentenced to four months in prison on Tuesday (April 30) for violating the US anti -money laundering law.
Comprehensive Reuters and Bloomberg reported that Zhao Changpeng was the second major cryptocurrency boss who was sentenced to prison. He had previously pleaded guilty to violating the US Anti -Money Law.
Richard Jones, the court judge of Seattle, USA, is obviously shorter than the three -year imprisonment required by the prosecutor, and it is also lower than the prosecutor's guidelines.Essence
The judge said when he announced his torture that he hoped that Zhao Changpeng could understand that although he had "wealth, power, and status", no one could avoid being prosecuted or over the United States.Zhao Changpeng, 47, did not respond to the judge's speech.
In June last year, the US Securities and Exchange Commission proposed 13 allegations against Binance, Zhao Changpeng, and the U.S. Stock Exchange of Binance, including suspected exaggeration to exaggerate transaction volume, transfer customers 'funds, and failed to restrict U.S. customers' platforms.Market supervision and control mislead investors.
The U.S. government refers to that Binance violates anti -money laundering and sanctions, and has not reported to relevant officials with suspicious transactions.These transactions are related to the organizations that the United States are regarded as terrorists, including the Palestinian Kazakhstan Harma, "Islamic State" and terrorist organization Kaida.Binance has never notified transactions on selling children's sexual abuse sites. It is also one of the largest receiving platforms for extortion software.
In November last year, as part of a confession agreement with the US government, Zhao Changpeng had paid a fine of $ 50 million (about S $ 68.25 million) and resigned from the position of Chief Executive Officer of Binance.Binance also acknowledged violations of anti -money laundering and sanctions, agreed to pay $ 4.3 billion in fines, and appointed an independent supervisor to supervise the compliance of the company.
Zhao Changpeng's punishment on April 30 was obviously lighter than the cryptocurrency trading platform FTX co-founder Sam Bankman-Fric.Fried was established for seven crimes, including stealing customers of US $ 8 billion (about S $ 10.8 billion), and was sentenced to 25 years by US judges in March this year.Fried has appealed.