jakiro
Author: Turner Wright, Cointelegraph; Compilation: Deng Tong, Bit Chain Vision Realm
Zhao Changpeng, a former CEO of Binance, asked federal judges to sentence him to probation after acknowledging violations of money laundering.His legal team has submitted several statements to support his suggestions, and one of the statements suggested that he can serve at the Federal Detention Center (FDC) in the Sitako Federal Detention Center (FDC) in Washington.
Robert Palmquist stated in a document submitted to the Western District Court of Washington, Seattle on April 23 that if he was prison, Zhao Changpeng was “very likely” to serve in FDC Seatac.Pamquist served as the chief of the Washington Prison from 2003 to 2009. He described the prison for “insufficient natural light” and considering the number of prisoners, the prison was insufficient.
“If Mr. Zhao was imprisoned … his wealth and status as a public figure would pose a risk of his physical and mental health, including but not limited to theft and extortion,” Parquist said.”Zhao Changpeng will encounter various security level criminals, and because of his innocent understanding of prison experience and economic resources, it may become prey for high -security predators.”
Source: Courtlistener
FDC Seatac is located in the south of Seattle-Tacoma International Airport. According to its website, the prison has been detained with 794 prisoners and had previously been held by a PROUD BOYS related to the attack on January 6, 2021.Members, as well as a “encrypted anarchist” Jim Bell.Bell was released in 2012. He was charged with tax evasion in the 1990s with the “Assassination Politics”: encouraging anonymous payment to individuals, and let them assassinate government officials.
Zhao Changpeng’s lawyer submitted a letter from many friends, family and business leaders to support the former CEO of the CEO.According to the US Seting Guide, the judge has the right to sentence CZ to the federal prison in the highest 10 -year federal prison, but it is recommended that he sentenced to 12 to 18 months of sentences for his specific allegations.Prosecutors demanded a three -year imprisonment and a fine of 50 million US dollars.
After the former CEO Sam Bankman-Fric was convicted and sentenced to sentence, CZ will become one of the most striking characters in the cryptocurrency field. He will enter the federal court to understand whether the judge will decide to give a probation or send him to prison.EssenceFormer CELSIUS CEO Alex Mashinsky faces seven securities and commodity fraud allegations and will be tried in January 2025.
Since the US authorities reached a $ 4.3 billion reconciliation agreement with Binance in November 2023, Zhao Changpeng has basically no comments on these allegations since Zhao Changpeng pleaded guilty.In the letter written to Judge Richard Jones on February 2nd, Zhao Changpeng apologized for his “bad decision” for his related issues.Binance also said he was ready to take responsibility for his actions.
The former CEO of Binance is scheduled to return to the court on April 30 to be sentenced.Since November, he can travel freely in some parts of the United States with a $ 175 million bail.
