Changpeng Zhao, who started Binance, a big crypto exchange, got into serious trouble because criminals used his platform. Instead of a long prison time, he only got four months. This is much less compared to other crypto leaders who faced similar problems.
Zhao admitted he made a mistake and took responsibility. He apologized and stepped down as Binance's CEO. The judge decided a short sentence was fair because Zhao seemed to regret his actions.
Some people think this is not a good decision. They believe Zhao should have faced tougher consequences.
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Zhao admitted he made a mistake and took responsibility. He apologized and stepped down as Binance's CEO. The judge decided a short sentence was fair because Zhao seemed to regret his actions.
Some people think this is not a good decision. They believe Zhao should have faced tougher consequences.
For full story visit our website
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