CZ is the biggest fish in the crypto, until recently running the largest and most far-reaching venue for trading.
Share on email The government Tuesday asked the court to give Zhao three years in prison at the April 30 sentencing.
Previous reports, citing federal sentencing guidelines, had indicated he was facing a max of 18 months — though DOJ officials from the beginning signaled they could ask for more.The guilty plea was part of a $4.3 billion settlement agreement involving U.S. criminal and civil charges against him and his company. He also agreed to step down as CEO.Zhao's willful violation of U.S. law was no accident or oversight. He made a business decision that violating U.S.
But he also noted his voluntary surrender in the case. "I want to make things right, close the chapter, turn the page, and focus on the next chapter of my life."Share on linkedin
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