Changpeng Zhao Faces Sentencing Amid Broad Support and Apologies

Former Binance CEO Changpeng Zhao, facing a potential three-year prison term, has received extensive support from over 160 letters as he expresses regret and seeks leniency.

Changpeng Zhao, ex-CEO of Binance, could face up to three years in prison for anti-money laundering and sanctions violations.
Over 160 letters from friends, family, and industry leaders have been submitted in support of Zhao, highlighting his character and contributions.
Zhao has apologized for his actions and expressed a desire to focus on educational and technological innovations in the future.
U.S. prosecutors are pushing for a three-year sentence, while Zhao's defense argues for probation, citing his cooperation and penalties already paid.
Zhao's sentencing is scheduled for April 30, following his guilty plea and resignation from Binance.

South China Morning Post