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Judge in Seattle sentences Changpeng Zhao, crypto mogul, to 4 months in prison
- twiddling 2y ago"Changpeng Zhao, the founder and former CEO of Binance, the world’s largest cryptocurrency trading platform, was sentenced in Seattle on Tuesday to four months in prison for failing to prevent money laundering on the exchange."
- Terr_ 2y agoNote that "in Seattle" is just the geography, not the jurisdiction. It's a federal court case for a violation of federal law.
- strangattractor 2y agoDon't do the crime if you can't do the time. In this case that amounts to $10 billion per month of jail time (net worth $40 billion). Unlikely to actually serve time I bet and he still keeps all his money. Crime pays very well.
- gnabgib 2y agoHN discussion [0](72 points, 1 day ago, 41 comments) [0]: https://news.ycombinator.com/item?id=40215071 https://news.ycombinator.com/item?id=40215071
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