US Department of Justice lawyer: CZ should be sentenced to 36 months in prison and pay a $50 million fine

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MarsBit
04-24
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According to Mars Finance, the sentencing memo submitted by the U.S. Department of Justice lawyers on Tuesday night stated that CZ should be sentenced to 36 months in prison and pay a $50 million fine after he pleaded guilty to violating the Bank Secrecy Act last November. (CoinDesk)

Earlier news, according to court documents, US prosecutors sought a 36-month prison sentence for former Binance CEO CZ. CZ will be sentenced in the United States District Court for the Western District of Washington on April 30 local time, when Judge Richard Jones will hear statements from prosecutors and CZ's lawyers.

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