Tag: Bank Secrecy Act

  • Changpeng had been sentenced to four months in prison

    Changpeng had been sentenced to four months in prison

    Binance Founder and CEO Zhao Jing was sentenced to 2 months in prison for violating the Bank Secrecy Act (BSA). Zhao’s lawyers said that he deserved no jail time, as “no defendant in a remotely similar BSA case has ever been sentenced to incarceration”. Zhao’s lawyers added that he did not defraud any investors or…