In another high-profile case, Changpeng Zhao, founder of cryptocurrency firm Binance has been sentenced to four months in US prison after pleading guilty to money laundering charges.
Zhao, a Canadian is the most high-profile crypto personae to be jailed since Sam Bankman-Fried was sentenced to 25 years jail term.
It would be recalled that Zhao resigned from his post at the world’s largest cryptocurrency exchange platform late last year as part of a deal with US authorities.
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