Binance founder Changpeng Zhao will find out today how much jail time he’ll serve for breaking US money laundering laws — if he serves any at all. Prosecutors have requested three years of prison time, double the sentencing guideline of 18 months, because the “scope and ramifications of Zhao’s misconduct were massive,” they wrote in their sentencing memo.
0 sats \ 0 replies \ @TheBTCManual 1 May
Step 1: Money laundering at scale
Step 2: Admit guilt, pay fine, go to jail for 4 months
Step 3: Profit
reply
0 sats \ 0 replies \ @ch0k1 OP 30 Apr
https://twitter.com/BitcoinMagazine/status/1785384669812273570
reply
0 sats \ 0 replies \ @riberet19 30 Apr
I've known for a long time that this guy was into very shady business, I don't care what happens to him.
reply
0 sats \ 0 replies \ @Coinsreporter 30 Apr
I doubt if he will get any. But if he gets, it will be a lesson to alm those centralized shitcoineries to rethink their strategy of complying with the governments.
reply