$BNB Court live broadcast.
Changpeng Zhao speaks.
He starts by saying "I'm sorry" and says he wants to take responsibility for his "mistakes." It states that Binance has implemented a KYC/AML program and is cooperating with the US government.
“In my mind, I wanted to do everything possible before stepping down as CEO.”
“I spent a lot of quiet time alone to think and reflect.”
Zhao says he wants to create a platform for online education for underprivileged children. “I find this new work extremely rewarding and meaningful
Zhao is soft-spoken but very clear.
After his short statements, he has now resigned.
"Everything I see about your history and characteristics is mitigating and positive," says Judge Richard Jones.
The court acknowledges that he came to the United States voluntarily, had not previously violated any laws, and had taken "extraordinary steps and significant steps" in cooperating with law enforcement. But the nature of the events was "aggravating".
