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Binance Founder Gets 4 Mos. For Lax Money Laundering Policy

By Greg Lamm ( April 30, 2024, 3:05 PM EDT) -- Binance founder Changpeng Zhao was sentenced Tuesday to four months in prison for his failure to implement an effective anti-money laundering program at the global crypto exchange, as a federal judge rejected a more severe punishment sought by the government citing concerns about sentencing disparity. . . .

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