Binance CEO CZ sentenced to four months in prison, BNB price slightly recovers Binance founder and ex-CEO Changpeng Zhao will spend four months in jail after Judge Richard Jones sentenced him on Tuesday. CZ earlier pleaded to one count of violating the Bank Secrecy Act in November 2023.
It comes as markets continue to digest the performance of Hong exchange-traded funds after their first day of issuance. Bitcoin, Ethereum Spot ETF in Hong Kong sees underwhelming response with $12 million in trade volume The recently approved Bitcoin and Ethereum Spot Exchange Traded Funds in Hong Kong failed to gather a significant volume on their first trading day on Tuesday.
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