Source: Coindesk.com
Binance founder Changpeng “CZ” Zhao has reported to a federal prison in California where he will spend the next four months for failing to implement an adequate know-your-customer (KYC) program at the world's largest cryptocurrency exchange.
Zhao, a Canadian national, pleaded guilty to violating the Bank Secrecy Act (BSA) in November. In April, a federal judge sentenced
Read More https://www.coindesk.com/policy/2024/06/03/former-binance-ceo-cz-begins-4-month-prison-sentence-in-california/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The post "Former Binance CEO CZ Begins 4-Month Prison Sentence in California" appeared first here Coindesk.com.
Source: Coindesk.com
