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Changpeng Zhao
Releasedaka CZ
Binance Founder & CEO
Sentence
4 months
Pled guilty to Bank Secrecy Act violation. Also paid $50M personal fine. Binance paid $4.3B in settlement.
Sentencing date: Apr 30, 2024
Custody
Time served: Yes
Served sentence at federal facility. Released September 2024.
Key Events
Released from prison
Completes 4-month sentence and released from custody.
Reports to prison
Surrenders to begin serving sentence at federal facility.
Sentenced to 4 months
Sentenced to 4 months in prison by Judge Richard Jones in Seattle.
Pleads guilty, steps down as CEO
Pleads guilty to money laundering charges and resigns as Binance CEO.
This is parody commentary. Information is based on publicly reported sources and may contain errors or become outdated. Legal statuses change. Always verify with primary sources.