The date for the criminal decision against Changpeng Zhao (CZ), the former CEO of Binance, the world’s largest cryptocurrency exchange, has been postponed.
CZ, the popular name of the cryptocurrency industry, was subject to sanctions from US institutions last year and resigned from his position as CEO. 50 million dollars He agreed to pay the fine. At the time, CZ also pleaded guilty to the charge of “failing to maintain an effective anti-money laundering program.”
In this context, a final criminal decision should be made against CZ. Seattle court, on February 23 final decision date without giving any reason. to April 30 postponed. CNBC In the news reported by, it was emphasized that there has been no official statement regarding the issue so far neither from the Seattle court nor from CZ’s lawyers.
Against CZ on charges of “preventing money laundering” Up to 18 months imprisonment There are many serious potential consequences, including:
Former CEO who was not allowed to leave the US recently to the United Arab Emirates He stated that he wanted to go for a short visit, but this request was rejected by the court.