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TRX $0.3362 +0.42%
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ADA $0.2202 -0.34%
BCH $256.61 -1.44%
LINK $13.21 +7.53%
HYPE $88.09 -0.35%
AAVE $134.53 -0.54%
SUI $0.8115 +1.08%
XLM $0.1923 +2.91%
ZEC $1,193.77 +1.69%

The U.S. Probation Office recommends a five-month probation for Zhao Changpeng

2024-04-29 21:40:08

ChainCatcher news, according to CoinDesk, court documents show that despite the Department of Justice's request for a 36-month prison sentence and a $50 million fine for Zhao Changpeng, the probation office recommended a five-month probation in its statement report. Meanwhile, the defense requested house arrest and probation, with no prison time.

Analyst Tama Kudman, a partner at Kudman Trachten Aloe Posner LLP, stated that the Department of Justice's request for an extended sentence seems to send a strong message. The U.S. Department of Justice has been working hard to combat money laundering activities conducted through cryptocurrency, and Zhao Changpeng has been "very openly against anti-money laundering rules."

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