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Binance founder faces 36-month prison term for violating US laws

Radek Zielinski30 seconds

In a startling development, US prosecutors are pushing for a 36-month prison term for Changpeng Zhao, the founder of cryptocurrency exchange Binance, according to a court filing on Tuesday. Zhao, who stepped down as CEO but retains majority ownership of the company, is due for sentencing on April 30 in Seattle after pleading guilty in…

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