Zhao was sentenced to four months in prison in April, five months after he pleaded guilty to violating the Bank Secrecy Act by failing to set up an adequate know-your-customer (KYC) program at Binance. As part of his guilty plea, Zhao also agreed to pay a $50 million fine and step down as CEO of the crypto exchange.
sekar nallalu Binance,Cryptocurrency,CZ,News,Policy,Regulations CZ Set to Be Released From Prison on September 29
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