CryptocurrencyCZ Set to Be Launched From Jail on September 29

CZ Set to Be Launched From Jail on September 29

17 September, 2024

Zhao was sentenced to 4 months in jail in April, 5 months after he pleaded responsible to violating the Financial institution Secrecy Act by failing to arrange an ample know-your-customer (KYC) program at Binance. As a part of his responsible plea, Zhao additionally agreed to pay a $50 million superb and step down as CEO of the crypto trade.

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CZ Set to Be Launched From Jail on September 29

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