Former CEO of cryptocurrency exchange Binance Changpeng Zhao sent a letter to Judge Richard A. Jones, who is overseeing his case. This is reported by CoinDesk with a link to the document.
It is understood that CZ apologized for his “bad decisions” and took full responsibility for his actions. He said this would be his “only encounter with the criminal justice system.”
Changpeng Zhao also said that in the future he would like to support biotech startups and youth.
It should be noted that friends, relatives and loved ones of CZ also addressed the judge. They sent 161 letters “asking for leniency.” The defendant's sister said her brother has made mistakes, “but he lives to do good for others.”
Binance co-founder Yi He wrote:
CZ's wife gave the example of Binance donating tens of millions of yen to disaster-stricken areas in Japan in 2018. Zhao's children wrote jokes about their father supporting them and asked the judge not to define Zhao's character based on this one incident alone.
Source: Cryptocurrency
I am an experienced journalist and writer with a career in the news industry. My focus is on covering Top News stories for World Stock Market, where I provide comprehensive analysis and commentary on markets around the world. I have expertise in writing both long-form articles and shorter pieces that deliver timely, relevant updates to readers.
