CZ, set for release on 29 September, faces a lifetime ban from managing Binance under his plea agreement. While CZ downplays its significance, the question remains: is this a career-ending move or a chance for new opportunities beyond Binance?
CatherineThe recommended 30-year sentence for Roman Sterlingov highlights ongoing debates about the reliability of on-chain analysis in legal proceedings. The use of such evidence continues to be contentious.
Xu LinChangpeng Zhao's prison start is delayed as authorities assess Seatac's suitability; his high-powered legal team also contributes to the postponement.
Huang BoFormer Binance CEO CZ Zhao sentenced to four months in prison for money laundering violations. Stepped down from CEO position in $4.3 billion settlement with U.S. officials. Binance withdrew from U.S. market, Zhao fined $50 million. Facing ongoing SEC lawsuit.
Edmund"If Mr. Zhao is incarcerated ... his wealth and status as a public figure will put his physical and mental health at risk of threats, including but not limited to theft and extortion."
JinseFinanceGolden Finance launches Golden Web3.0 Daily to provide you with the latest and fastest news on games, DeFi, DAO, NFT and Metaverse industries.
JinseFinanceThe court's ruling mandated the hacker to forfeit $12.3 million and provide $5 million in restitution.
CatherineAmir Hossein Golshan, a 25-year-old Los Angeles resident, has been sentenced to 96 months in federal prison for orchestrating various scams, including "SIM swapping" to hijack Instagram accounts. Golshan's schemes, resulting in over $1.2 million in losses, involved impersonating individuals, fraudulent advertising, and exploiting two-step authentication vulnerabilities, showcasing the escalating sophistication of digital fraud.
JixuFormer Bithumb Chairman, Lee Jeong-hoon, faces an eight-year prison sentence over allegations of manipulating Bithumb's governance in a complex cryptocurrency scandal, with a verdict set for January 18, 2024, potentially impacting Bithumb's future and regulatory scrutiny in the industry.
JasperChastain, 31, who had no previous criminal record and was seen as having "a potentially bright future", received this verdict from a U.S. District Court judge in the Southern District of New York.
Snake