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BCH $203.35 -1.20%
LINK $9.35 -0.31%
HYPE $57.21 +1.73%
AAVE $85.95 -1.01%
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XLM $0.1567 -1.05%
ZEC $486.79 -0.67%

The U.S. Probation Office recommends a five-month probation for Zhao Changpeng

2024-04-29 21:40:08

ChainCatcher news, according to CoinDesk, court documents show that despite the Department of Justice's request for a 36-month prison sentence and a $50 million fine for Zhao Changpeng, the probation office recommended a five-month probation in its statement report. Meanwhile, the defense requested house arrest and probation, with no prison time.

Analyst Tama Kudman, a partner at Kudman Trachten Aloe Posner LLP, stated that the Department of Justice's request for an extended sentence seems to send a strong message. The U.S. Department of Justice has been working hard to combat money laundering activities conducted through cryptocurrency, and Zhao Changpeng has been "very openly against anti-money laundering rules."

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