The post Changpeng Zhao Apologizes to Judge, Says There Was No Excuse for His Compliance Failures appeared first on Coinpedia Fintech News
Changpeng “CZ” Zhao has openly apologized to the judge in charge of his case, accepting “full responsibility” for his actions that led to regulatory scrutiny.
In a heartfelt letter sent yesterday, CZ expressed remorse over his “poor decisions” and admitted that he failed to put the necessary compliance controls within Binance.
Apology and Responsibility: CZ’s Remorseful Acknowledgment
His apology comes ahead of his sentencing, scheduled for April 30. He faces a potential three-year sentence despite an earlier agreement that capped his potential appeal at 18 months.
CZ’s letter was accompanied by 161 others from family, friends, and colleagues, all advocating for leniency in his sentencing. Jessica Zhao, his sister and a former Morgan Stanley Managing Director, spoke of her brother’s commitment to good, referencing his
We współpracy z: https://coinpedia.org/news/changpeng-zhao-apologizes-to-judge-says-there-was-no-excuse-for-his-compliance-failures/
