CZ to serve 4 months instead of 36 Months in prison the former binance CEO Chang Pang Zao has received a lighter Than expected 4month prison sentence After prosecutors initially sought 36 Months Zhao expressed regret and pleaded For forgiveness vowing to reform and Contribute to alteristic causes despite Prosecutors painting him as a law Breaker facilitating Financial crimes The judge cited a lack of evidence for Z's awareness of illicit activ ities the Case has spotlighted regulatory concerns In the crypto industry while some Anticipate a return to business as usual Others see broader implications for Compliance efforts the verdict comes Amidst ongoing legal actions in the Crypto space including the recent arrest Of Bitcoin Pioneer Roger ver for all the Latest crypto news and updates subscribe To the official coin Telegraph YouTube Channel
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