Martin Shkreli, also known as ‘Pharma Bro,’ directed his attention to former Binance CEO Changpeng “CZ” Zhao’s situation, with CZ having recently pleaded guilty to money laundering charges as part of a $4.3 billion settlement. “Jail ain’t so bad,” Shkreli stressed, speculating that CZ could spend up to 1 year in jail or get probation.
Martin Shkreli to CZ: ‘Jail Ain’t so Bad’
Martin Shkreli, also known as ‘Pharma Bro’ due to his links to pharmaceutical companies, has referred to the situation of former Binance CEO Changpeng “CZ” Zhao and the odds he has of serving time in jail. Shkreli, who was sentenced to serve seven years in jail on securities fraud and conspiracy charges, told CZ that “jail ain’t so bad” and speculated about how much time (if any) he could serve according to his plea deal.
Zhao pleaded guilty to felony charges related to the Bank Secrecy Act (BSA), with the Department of Justice (DOJ) stating that he had “violated federal law t
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