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cryptogamerpg| Binance founder Zhao Changpeng apologized to the judge and will be sentenced on April 30

2024年04月25日 editor 阅读(6)

When the time is TuesdayCryptogamerpgZhao Changpeng, founder of Binance, wrote to the judge forCryptogamerpgFor the bad decision he made earlier. Zhao Changpeng will be sentenced on April 30 local time for violating the anti-money laundering law, and the sentence is expected to be 36 months.

At the same time, about 161 letters of support from family, friends and professionals in the digital cryptocurrency industry were also submitted.

cryptogamerpg| Binance founder Zhao Changpeng apologized to the judge and will be sentenced on April 30

In a letter to US judge Richard A. Jones, Zhao Changpeng said: "I apologize for my bad decision and take full responsibility for my actions. In hindsight, I should have focused on implementing compliance changes in Yuan'an from the beginning, but I didn't. I don't have any excuses for this. "

Zhao Changpeng also said he hoped he could change that. He also described the chaos of maintaining currency security in its early years, but he believes it now has the strictest anti-money laundering controls.

In addition, Zhao Changpeng apologized to his family, friends, employees and the wider digital cryptocurrency community, saying he took comfort from their letters of support. About 161 letters supporting Zhao Changpeng were also submitted on Tuesday.

Supporters include former U.S. Senator Max Baucus, CEO Samson Mow of bitcoin technology company JAN3, Dovey Wan, founding partner of venture capital firm Primitive Ventures, Val Vavilov, founder of BitFury, and he Yi, co-founder of Qian'an.

Looking to the future, Zhao Changpeng hopes to fund some small research laboratories to help treat diseases and educational programs for young people. Last month, Zhao Changpeng launched the education project Giggle Academy, a "gamification and adaptability" platform aimed at providing free basic education for all.

"words cannot describe how much I regret my choice," he said. Don't worry, it won't happen again. Please accept my assurance that this will be my only contact with the criminal justice system and that in the future I will live in a way that makes everyone proud. "

"Zhao Changpeng's deliberate violation of US law is not an accident or negligence," the US Justice Department said on Tuesday. He made a business decision that violated US law, aimed at attracting users, building a company, and enriching himself. To this end, it is recommended that the court sentence him to more than 36 months' imprisonment. "

Subsequently, Zhao Changpeng's defense lawyers committee responded to the recommendation of the US Department of Justice and asked the court to grant him a suspended sentence. Zhao Changpeng's legal team said: "he paid a huge fine and instructed the company to plead guilty in court and work with three federal agencies to resolve related civil charges." These factors strongly support his leniency. "

In November last year, Zhao Changpeng pleaded guilty to violating the Anti-money laundering Law and related sanctions decisions in the United States, agreed to accept a fine of 50 million US dollars and resigned as an CEO. Qian an also agreed to pay $4.3 billion, one of the largest corporate settlements in history.

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