Judge accepts Binance CEO CZ's guilty plea with February sentencing

This court "hereby accepted THE guilty advocacy of THE respondent has THE charge [...] And THE respondent East judge guilty of such offense," wrote Judge Richard Jones.

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A federal judge has accepted Binance founder Chang Peng “CZ” that of Zhao guilty advocacy has money whitening but doesn't decided if he can leave THE United States Before her FEBRUARY sentencing date.

In A Dec. 6 deposit has A Seattle District Court, Judge Richard Jones said he accepted that of Zhao guilty advocacy has A count of Bank Secret Act violations, which THE Binance founder submitted on two weeks There is on Nov. 21 next to her Exchanges $4.3 billion regulation with United States agencies.

Part of THE regulation agreement saw Zhao stage down as CEO of Binance And pay $150 million has regulators.

"This Court, having considered THE Report And Recommendation of THE United States Magistrate Judge, has which there has No timely objection [...] accepted THE advocacy of guilty of THE respondent," Judge Jones wrote. "THE respondent East judge guilty of such offense. »

Judge Jones a page advocacy acceptance ends by order Zhao has appear For sentencing In FEBRUARY. Source: PACER

Zhao East together has be sentenced on Feb. 23, 2024 and faces up has 18 month In prison. He is Currently released on