Former Binance CEO sentenced to four months in US prison for money laundering violations

A court in Seattle has sentenced Changpeng Zhao, the founder and former CEO of the crypto exchange Binance, for violating US money laundering laws.The billionaire told the court that he had failed and that he was sorry. The sentencing comes after the defendant pleaded guilty last November and paid 50 million dollars in fines. 

Plus, Zimbabweans lined up at banks to withdraw cash as the new currency zig, the sixth since the 2009 collapse of the Zimbabwe dollar, has gone into circulation. 

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