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Binance’s Changpeng Zhao Sentenced To Four Months In Prison

US judge sentences Binance founder, Changpeng Zhao, to four months in prison for ignoring money laundering on his platform

US judge refuses to allow Binance founder Zhao to travel to UAE, despite pledge of $4.5 billion equity stake in Binance

Judge sides says former Binance CEO Changpeng Zhao must remain in the US whilst he considers he request to return to the UAE

Former Binance CEO Changpeng Zhao urges US judge to reject DoJ request to stop him leaving the United States before sentencing

Investors have withdrawn $956m from Binance since Changpeng Zhao pleaded guilty and stepped down as part of $4bn settlement

Binance admits it engaged in anti-money laundering as part of $4 billion settlement with US DoJ. Founder, CEO Changpeng Zhao pleads guilty

US financial regulator alleges US clients of Binance have $2.2 billion at risk, after lawsuits against Coinbase and Binance