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The next crypto sentencing: Binance's "CZ" set for April 30
Changpeng "CZ" Zhao will be sentenced in a federal court in Washington state this month after pleading guilty to one count of violating the Bank Secrecy Act. Why it matters: CZ and Sam Bankman-Fried (SBF), both founders of enormous and innovative cryptocurrency exchanges, were the two biggest names in the industry through the last boom, and are now both condemned before the courts of the United States. Catch up fast: In November, less than three weeks after SBF was found guilty in New York of defrauding FTX customers and investors, CZ was charged across the country with one count of failure to maintain an anti-money ... (full story)