US DOJ seeks 36-month sentence and $50 million fine for ex-Binance CEO Changpeng Zhao

The US Department of Justice has recommended a 36-month prison sentence alongside a $50 million fine for the former CEO of Binance, Changpeng Zhao.
In response, Zhao’s legal team contends that his incarceration would be unprecedented, citing no prior instances of imprisonment in similar cases.

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Binance co-founder Changpeng Zhao to launch Giggle Academy amid legal woes

Changpeng Zhao, the embattled co-founder of Binance, wants to launch a non-profit educational platform called Giggle Academy.
Zhao had earlier hinted about the project in a cryptic March 18 post on X (formerly Twitter), where he wrote:

“Launching a new project. No, no new tokens. Education project.

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