USA: Binance founder sentenced to four months in prison

April 30 (Reuters) – Changpeng Zhao, the founder and former chief executive of Binance, the world’s leading cryptocurrency platform, was sentenced to four months in prison on Tuesday for violating anti-money laundering laws in the United States to which he pleaded guilty. guilty.

The sentence was imposed in Seattle by District Judge Richard Jones, who rejected prosecutors’ request for a three-year prison term.

According to US authorities, Binance failed to report more than 100,000 suspicious transactions with terrorist groups such as Hamas, Al-Qaeda and the Islamic State. The platform would also enable the sale of child pornography and the transit of some of the funds extorted through “ransomware”.

Changpeng Zhao, once considered the most important person in the cryptocurrency industry, has agreed to step down from his post at the head of Binance, which he founded in 2017, amid litigation. (Chris Prentice, Jonathan Stempel and Luc Cohen in New York; French version by Jean Terzian )

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