US seeks 3 years imprisonment for Binance founder Zhao

US seeks 3 years imprisonment for Binance founder Zhao

Zhao Changpeng, founder and chief executive officer of Binance speaks during an event in Athens, Greece, November 25, 2022. REUTERS/Costas Baltas/File photo

US prosecutors want Changpeng Zhao, the founder and former chief executive of Binance, the world’s largest cryptocurrency exchange, to serve three years in prison after he pleaded guilty to violating laws against money laundering.

Edited by: Joymitra Rai