Friends, Family, Royalty Seek Mercy for Crypto’s Richest Man
- Binance’s Zhao is facing up to three years in US prison
- Pleaded guilty to anti-money-laundering, sanctions violations
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Binance co-founder Changpeng Zhao is facing up to three years in prison, if efforts by US prosecutors to secure his sentencing prove successful. More than 160 friends, colleagues and investors are determined for the crypto executive to escape incarceration entirely.
Totaling nearly 350 pages, a trove of letters submitted to a Seattle court by Zhao’s confidantes and co-workers on Wednesday provide insight into the private life of one of the world’s richest people. Among the authors are the two mothers of his five children, titans of industry both in and outside of crypto, government elites, old college buddies and dozens of his employees.