SEATTLE — Changpeng Zhao, the founder of Binance, the world's largest cryptocurrency exchange, faces sentencing Tuesday in a Seattle courtroom, where U.S. prosecutors are asking a judge to give him a three-year prison term for allowing rampant money laundering on the platform.to settle related allegations. U.S. officials said Zhao deliberately looked the other way as illicit actors conducted transactions that supported child sex abuse, the illegal drug trade and terrorism.
But prosecutors say no one has ever violated the Bank Secrecy Act to the extent Zhao did. The three-year prison term they're seeking is twice the guideline range for the crime. Binance allowed more than 1.5 million virtual currency trades — totaling nearly $900 million — that violated U.S. sanctions, including ones involving Hamas’ al-Qassam Brigades, al-Qaeda and Iran.
Ethan Hawke was nominated at the 2002 Oscars for best supporting actor for his performance in Antoine Fuqua’s crime thriller “Training Day.” He lost the prize to Jim Broadbent , but he immediately got some much-needed perspective from his “Training Day” co-star Denzel Washington, who happened to win the Oscar that same night for best …OTTAWA — India has summoned Canada's envoy in New Delhi following a large Sikh rally in Toronto attended by all three major federal party leaders.
US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
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