CZ was sentenced to four months in prison in April 2024 for Anti-Money Laundering (AML) violations. He walked free from federal prison on Sept. 27 as the wealthiest person to ever serve a US prison sentence, with a $60 billion net worth at the time.
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CZ claps back against ‘baseless’ US plea deal allegations
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Changpeng “CZ” Zhao, Binance founder, pleaded guilty and was sentenced to four months in prison in April 2024 for anti- money laundering violations, a significant reduction from the three-year sentence originally sought by prosecutors
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