Why the DOJ May Have Recommended a Three-Year Sentence for CZ

Why the DOJ May Have Recommended a Three-Year Sentence for CZ

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Source: Coindesk.com

While Binance founder Changpeng “CZ” Zhao’s plea agreement said he couldn’t appeal any sentence over 18 months, there were no clauses preventing U.S. prosecutors from recommending a greater sentence. Zhao is set to be sentenced on April 30, after his November 2023 guilty plea to violating the Bank Secrecy Act.

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The post "Why the DOJ May Have Recommended a Three-Year Sentence for CZ" appeared first here Coindesk.com.

Source: Coindesk.com

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