TE
TechEcho
Home24h TopNewestBestAskShowJobs
GitHubTwitter
Home

TechEcho

A tech news platform built with Next.js, providing global tech news and discussions.

GitHubTwitter

Home

HomeNewestBestAskShowJobs

Resources

HackerNews APIOriginal HackerNewsNext.js

© 2025 TechEcho. All rights reserved.

Judge in Seattle sentences Changpeng Zhao, crypto mogul, to 4 months in prison

6 pointsby twiddlingabout 1 year ago

4 comments

strangattractorabout 1 year ago
Don't do the crime if you can't do the time. In this case that amounts to $10 billion per month of jail time (net worth $40 billion). Unlikely to actually serve time I bet and he still keeps all his money. Crime pays very well.
gnabgibabout 1 year ago
HN discussion [0](72 points, 1 day ago, 41 comments)<p>[0]: <a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=40215071">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=40215071</a>
Terr_about 1 year ago
Note that &quot;in Seattle&quot; is just the geography, not the jurisdiction. It&#x27;s a federal court case for a violation of federal law.
twiddlingabout 1 year ago
&quot;Changpeng Zhao, the founder and former CEO of Binance, the world’s largest cryptocurrency trading platform, was sentenced in Seattle on Tuesday to four months in prison for failing to prevent money laundering on the exchange.&quot;