Connect with us

Hi, what are you looking for?

TopMarketReports.comTopMarketReports.com

Tech News

I have some questions about what Changpeng Zhao gave to the feds

Photo collage of Changpeng Zhao in front of a background of black stripes, justice scales, and pixelated money.
Illustration by Cath Virginia / The Verge | Photos from Getty Images

There are a lot of differences between Changpeng Zhao and Sam Bankman-Fried, and now we can add one more to the list: the amount of time they’ll serve for their crimes. Bankman-Fried got 25 years; Zhao got four months.

There’s more. Zhao appeared in court in a tailored navy suit with a light blue tie when he spoke in his own defense. Bankman-Fried was shackled and in prison garb.

Bankman-Fried defrauded people, pleaded not guilty, repeatedly perjured himself in court, got convicted on seven counts, and then gave an absolutely bizarre speech during his own sentencing hearing that made the judge think he’d be likely to re-offend. (This is to say nothing of his pretrial antics.) By contrast, Zhao pleaded guilty in a deal with the government…

Continue reading…

You May Also Like

Tech News

I’m the most shocked that I enjoyed the app. | Image: Headspace, Meta I am not a chill person, but I would like to...

Editor's Pick

Michael F. Cannon Any day now, the Biden administration could issue a regulation that, if it mirrors what the administration proposed in July, would take...

Politics

The GOP is blasting President Biden’s campaign over an ‘out-of-touch’ memo warning that former President Trump’s re-election could mean the end of one of...

Politics

The United States is currently embroiled in a Cold War with China according to expert Michael Sobolik, who recently told Fox News Digital that...