{"id":246383,"date":"2024-02-13T11:43:14","date_gmt":"2024-02-13T06:13:14","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=246383"},"modified":"2024-02-13T11:43:14","modified_gmt":"2024-02-13T06:13:14","slug":"cz-to-be-sentenced-in-early-april-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/cz-to-be-sentenced-in-early-april-crypto-news\/","title":{"rendered":"CZ to Be Sentenced in Early April &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<div class=\"article__contents\">\n<p>Contents<\/p>\n<ul class=\"article__contents-list\">\n<li class=\"article__contents-item\"><a rel=\"nofollow noopener\" target=\"_blank\" class=\"article__contents-link link-pseudo\" href=\"#h287\">Sentencing delays spark speculation<\/a><\/li>\n<li class=\"article__contents-item\"><a rel=\"nofollow noopener\" target=\"_blank\" class=\"article__contents-link link-pseudo\" href=\"#h369\">Travel requests\u00a0<\/a><\/li>\n<\/ul>\n<\/div>\n<p>Changpeng Zhao, better known as &#8220;CZ,&#8221; the founder of <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/u.today\/massive-105-million-solana-transferred-to-binance-as-sol-price-dips-5\">Binance<\/a>, the world&#8217;s largest cryptocurrency exchange, is set to be sentenced on Apr. 30.\u00a0<\/p>\n<p>This comes after a Seattle federal court notice indicated a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/open4profit\/status\/1757229404802146552\">postponement<\/a> from the initially scheduled date.\u00a0<\/p>\n<p>CZ is currently on conditional release in the United States after conceding to allegations of not upholding a rigorous anti-money laundering mechanism within Binance.<\/p>\n<h2 id=\"h287\">Sentencing delays spark speculation<\/h2>\n<p>The decision to delay CZ&#8217;s sentencing has sparked a flurry of speculation and discussion within the cryptocurrency community.\u00a0<\/p>\n<p>Initially set for Feb. 23, the sentencing has been pushed back to the end of April, with no clear explanation provided for the two-month postponement.<\/p>\n<p>\u00a0<\/p>\n<p>his move has left many wondering about the potential reasons behind the delay and its implications for <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/u.today\/ex-binance-ceo-cz-might-be-headed-to-prison-but-bnb-price-is-pumping\">CZ<\/a> and Binance.\u00a0<\/p>\n<p>Federal sentencing guidelines suggest a maximum sentence of 18 months in prison for Zhao, but there are reports that prosecutors may seek a harsher sentence.\u00a0<\/p>\n<h2>Travel requests\u00a0<\/h2>\n<p>CZ&#8217;s ongoing legal predicament is further complicated by consistent rejections from the US court concerning CZ&#8217;s petitions to visit the UAE, where his offspring reside.<\/p>\n<p>Despite offering to post his equity in Binance as security, Zhao&#8217;s requests have been denied.\u00a0<\/p>\n<p>This shows the gravity of the charges against him and the broader crackdown on regulatory compliance within the cryptocurrency sector.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Contents Sentencing delays spark speculation Travel requests\u00a0 Changpeng Zhao, better known as &#8220;CZ,&#8221; the founder of Binance, the world&#8217;s largest cryptocurrency exchange, is set to be sentenced on Apr. 30.\u00a0 This comes after a Seattle federal court notice indicated a postponement from the initially scheduled date.\u00a0 CZ is currently on conditional release in the United [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":246384,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-246383","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/246383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=246383"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/246383\/revisions"}],"predecessor-version":[{"id":246386,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/246383\/revisions\/246386"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/246384"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=246383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=246383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=246383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}