{"id":18436,"date":"2024-05-01T12:26:05","date_gmt":"2024-05-01T12:26:05","guid":{"rendered":"https:\/\/theblogonline.com\/?p=18436"},"modified":"2024-05-01T12:26:05","modified_gmt":"2024-05-01T12:26:05","slug":"binance-founder-changpeng-zhao-sentenced-to-four-months-in-us-prison-for-money-laundering","status":"publish","type":"post","link":"https:\/\/theblogonline.com\/?p=18436","title":{"rendered":"Binance Founder Changpeng Zhao Sentenced To Four Months In US Prison For Money Laundering"},"content":{"rendered":"<p class=\"p1\">Binance&#8217;s billionaire founder, Changpeng Zhao, has been sentenced to four months in prison in the United States for money laundering.<\/p>\n<p class=\"p1\"><span class=\"s1\">The sentence was handed down by U.S. District Judge Richard Jones in Seattle on Tuesday, April 30, following Zhao&#8217;s guilty plea to violations of anti-money laundering laws.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Prosecutors had sought a jail term of up to three years for Zhao when he appeared in a Seattle court, as part of the Justice Department&#8217;s crackdown on misconduct in the cryptocurrency industry.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">As part of his plea deal, Zhao agreed to step down as CEO of Binance and pay a $50 million fine for failing to maintain an effective anti-money laundering program, along with sanctions violations related to users in Iran, Cuba, Syria, and Russian-occupied areas of Ukraine.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Binance&#8217;s billionaire founder, Changpeng Zhao, has been sentenced to four months in prison in the United States for money laundering.<\/p>\n","protected":false},"author":1,"featured_media":18437,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[8796,8797,3968,8798],"class_list":["post-18436","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-binance-founder","tag-changpeng-zhao-sentenced","tag-money-laundering","tag-us-prison"],"_links":{"self":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts\/18436"}],"collection":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18436"}],"version-history":[{"count":1,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts\/18436\/revisions"}],"predecessor-version":[{"id":18438,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts\/18436\/revisions\/18438"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/media\/18437"}],"wp:attachment":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18436"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18436"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18436"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}