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No, Changpeng Zhao isn’t in prison yet — here’s why

Due process, great lawyers, and judge’s discretion have kept Binance’s criminal founder Changpeng Zhao out of prison so far.

Binance founder Changpeng Zhao sentenced to 4 months in prison

Binance founder Changpeng Zhao has been sentenced to four months in prison following his guilty plea for violations of the Bank Secrecy Act.

Estimates for the prison sentence that Binance founder Changpeng Zhao will receive today range from no time at all to 36 months behind bars.

The Binance Industry Recovery Fund seems to have been forgotten as it quietly appreciates in value and the industry continues to recover.

CommEX bought up Russian operations run by Binance last year but questions swirled about financial entanglements between the two.