Binance Founder Should Get 3 Years, Not Probation, Feds Say https://www.law360.com/fintech/articles/1829099?nl_pk=d2b3e7ef-ab62-4a62-804a-08b1615aa913&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2024-04-25&read_main=1&nlsidx=0&nlaidx=2 By Aislinn Keely Federal prosecutors asked a Washington federal judge to sentence Binance founder Changpeng Zhao to three years over his failure to implement an effective anti-money laundering program at his crypto exchange, but the founder said jail time isn't necessary since he's already paid "massive" fines and comparable cases haven't resulted in prison sentences. 2 documents attached | Read full article » https://www.law360.com/fintech/articles/1829099?nl_pk=d2b3e7ef-ab62-4a62-804a-08b1615aa913&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2024-04-25&read_more=1&nlsidx=0&nlaidx=2 | Save to favorites » https://www.law360.com/fintech/articles/1829099?nl_pk=d2b3e7ef-ab62-4a62-804a-08b1615aa913&utm_source=newsletter&utm_medium=email&utm_campaign=fintech&utm_content=2024-04-25&read_later=1&nlsidx=0&nlaidx=2