The founder of the Binance crypto exchange, Changpeng Zhao, received 4 months in prison. 😮 Judge Richard Jones rejected the prosecutor's request for 3 years in prison, believing that there was no evidence of illegal activity on the stock exchange. In November, Zhao and Binance pleaded guilty to violating US anti-money laundering and sanctions regulations. As part of the agreement, Zhao agreed to resign as CEO and pay a fine of $50 million, and Binance agreed to pay $4.3 billion.