Binance founder Changpeng Zhao sentenced to 4 months in prison after plea deal

https://www.cnbc.com/2024/04/30/binance-founder-changpeng-zhao-cz-sentenced-to-four-months-in-prison-.html

• Binance founder Changpeng Zhao, who pleaded guilty to money laundering violations in November, was sentenced to four months in prison on Tuesday.
• U.S. prosecutors had recommended a 36-month sentence for Zhao.
• The crypto billionaire stepped down as Binance’s CEO as part of his agreement with the Justice Department.