Just-In: Court Delays Binance Founder CZ's Criminal Sentencing, Here's Why

As per the latest notice on Monday, February 12, the Seattle federal court has delayed the criminal sentencing for Changpeng Zhao to late April 2024. Zhao has been facing money laundering and other charges amid a crackdown on crypto exchange Binance, by the U.S. Securities and Exchange Commission (SEC). Originally, Zhao’s sentencing was scheduled to happen by the end of February this month.