This morning CZ was sentenced to 4 months in prison by a federal judge although the prosecutors requested a 36-month sentence. WOW! This guy is so savvy. He got away with only 4-month in jail and billions of dollars in the bank (and crypto). I have a hard time believing he had no clue that he broke the anti-money laundering laws. But apparently, he apologized *sincerely* and the judge gave him a slight slap on the wrist. This is a big contrast from SBF’s 25-year sentence. Sure, CZ didn’t lose customers’ money but the amount of illicit activities Binance enabled is probably equally if not more harmful. All I can say is that CZ is truly a pro. I hope he channels his energy to something more beneficial for the human race once he gets out of jail.
4/30/2024: CZ Got 4 Months in Prison
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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