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