BTC $77,560.75 -2.86%
ETH $2,435.38 -2.25%
BNB $688.83 -2.88%
XRP $1.38 -3.53%
SOL $104.00 -2.59%
TRX $0.3405 +0.60%
DOGE $0.0848 -3.31%
ADA $0.2010 -4.34%
BCH $246.86 -6.61%
LINK $11.34 -3.16%
HYPE $81.48 -2.54%
AAVE $120.81 -4.15%
SUI $0.7375 -3.45%
XLM $0.1777 -3.67%
ZEC $802.65 +1.67%
BTC $77,560.75 -2.86%
ETH $2,435.38 -2.25%
BNB $688.83 -2.88%
XRP $1.38 -3.53%
SOL $104.00 -2.59%
TRX $0.3405 +0.60%
DOGE $0.0848 -3.31%
ADA $0.2010 -4.34%
BCH $246.86 -6.61%
LINK $11.34 -3.16%
HYPE $81.48 -2.54%
AAVE $120.81 -4.15%
SUI $0.7375 -3.45%
XLM $0.1777 -3.67%
ZEC $802.65 +1.67%

U.S. Department of Justice Attorney: Zhao Changpeng and Binance's strengthened compliance is commendable, but it does not affect the ruling in this case

2024-05-01 01:21:30

ChainCatcher news, according to on-site reporter @nikhileshde, a lawyer from the U.S. Department of Justice stated that CZ and Binance did encourage enhanced compliance, but this was after the incident occurred. This is what they should have done; while it is commendable, it does not warrant probation here. The DOJ lawyer urged for a "meaningful" prison sentence before concluding: "Probation here would incentivize others to break the law and do so on as large a scale as possible."

app_icon
ChainCatcher Building the Web3 world with innovations.