Read more at The Guardian.
Binance founder faces possible three-year jail term over ‘wild west’ business model
Changpeng Zhao pleaded guilty to money laundering charges
Changpeng Zhao, the founder of the world’s largest cryptocurrency exchange, will be sentenced on Tuesday after pleading guilty to money laundering charges, with US prosecutors seeking three years in prison for the tech tycoon.
Zhao, 47, stepped down as chief executive of Binance in November after admitting to breaking US anti-money laundering laws. Last month, another fallen cryptocurrency mogul, Sam Bankman-Fried, whose FTX exchange collapsed in 2022, received a 25-year sentence for committing fraud and conspiracy to launder money.
Continue reading...Date: |
Sort by
Filter
Date
Items per page
-
Sheriff faces questions from Arkansas lawmakers over Netflix series filmed at county jail
Arkansas lawmakers are questioning a sheriff's decision to allow a Netflix documentary series to be filmed at a county jailABC News - Entertainment - Netflix -
Jail term demanded for far-right German officer who spied for Russia
Yahoo News - World - Germany -
41-year-old who make $160,000 a month in passive income: This is 'the business model that has set me free'
Entrepreneur Graham Cochrane's businesses bring in $160,000 a month in passive income. He shares the business model that "set him free."CNBC - Business -
306 cattle stolen in wild $165,000 heist over 12-day period, cops say
Yahoo News - World -
Kazakh court jails former minister for 24 years for brutal murder of wife
Kazakhstan to toughen penalties for domestic violence as killing of Saltanat Nukenova prompts national outcry and shines spotlight on high femicide rates . A former Kazakh government minister has been sentenced to 24 years in prison for the ...The Guardian - World -
As a teenager, John was jailed for assaulting someone and stealing their bike. That was 17 years ago – will he ever be released?
Indeterminate sentences are devastating to mental health, but prisoners with mental illness are less likely to be released. The result is a vicious cycle whereby the most vulnerable inmates often have the least chance of getting out – as John’s ...The Guardian - World -
Top Biden official: Israel's 'total victory' over Hamas not 'likely or possible'
A top Biden official said Monday the U.S. does not believe Israel’s “total victory” over the militant group Hamas is “likely or possible." Deputy Secretary of State Kurt Campbell spoke about the ongoing war between Israel and Hamas during the NATO ...The Hill - Politics - Joe Biden -
The Justice Department said Boeing violated a settlement reached three years ago over its employees' role in two fatal jet crashes, exposing the company to potential criminal prosecution.
The Justice Department said Boeing violated a settlement reached three years ago over its employees’ role in two fatal jet crashes, exposing the company to potential criminal prosecution.The Wall Street Journal - World -
OpenAI Says New GPT-4o Model Is Twice as Fast and Costs Half as Much for Businesses
The ChatGPT creator is bringing generative AI text, audio, and video capabilities together in a single model.Inc. - Business -
Three in court over alleged plot to attack Jewish community
Three men are accused of planning a gun attack on the Jewish community in North-West England.BBC News - Top stories
More from The Guardian
-
Russia-Ukraine war live: Blinken announces $2bn in aid as Russia claims to have taken more settlements and Zelenskiy cancels trips
US secretary of state says ammunition, armoured vehicles and missiles will be rushed to frontline as Moscow says it has captured more territory. Here are some of the latest images from the newswires:. Ukrainian presidential adviser Mykhailo ...The Guardian - World - Russia -
Revealed: Rwanda genocide war crimes tribunal wraps up mission after 29 years
Exclusive: Last two fugitives are deemed to be dead, ending a remarkable exercise in international justice. The war crimes tribunal for Rwanda has accounted for the last remaining fugitives indicted for genocide, bringing to an end the court’s ...The Guardian - World -
Nato calls Georgia’s ‘foreign agents’ bill ‘step in wrong direction’ after mass protests in Tbilisi – Europe live
Nato says controversial bill takes Georgia further away from Europe and urges country to change direction and accept peaceful protest. Georgia ‘returning to the past’ with foreign agents law, says presidentSalome Zourabichvili, Georgia’s ...The Guardian - World -
Gina Rinehart demands National Gallery of Australia remove her portrait
NGA rebuffs efforts by billionaire to take down painting by award-winning artist Vincent Namatjira. Get our morning and afternoon news emails, free app or daily news podcastThe mining billionaire Gina Rinehart has demanded the National Gallery of ...The Guardian - World - Australia -
No internet, no phone: Canada wildfires expose fragility of rural infrastructure
Remote communities suffer total loss of communications after fires damage critical fibre optic cables. Shortly before sunset on Friday, residents of Canada’s Yukon territory discovered their connection to the outside world had vanished. Internet ...The Guardian - World