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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.

CZ to be sentenced in the US today — what to expect

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

Phoenix Wallet, a Bitcoin lightning wallet, will be removed from US-based app stores following recent crackdowns on crypto firms.

The FBI has warned Americans that its recent law enforcement operations may cause ‘financial disruptions’ to users at unregistered MSBs.

Apparently, unless ConsenSys is lying in a new lawsuit it filed on Thursday, the SEC has classified ETH as a security.