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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.Chan...

In a Seattle court on Tuesday, U.S. District Judge Richard Jones will deliver a sentence to Binance founder and ex-CEO Changpeng Zhao.In November, Zhao pleaded guilty to criminal charges and stepped down from his role as CEO of the crypto exchange.For months, Judge Jones has been weighing the appropriate punishment ...