Odaily News U.S. prosecutors submitted a sentencing memorandum to the Seattle federal court on Friday regarding Binance’s alleged violation of U.S. economic sanctions laws and anti-money laundering regulations. They asked the federal judge to approve the relevant plea agreement. It is reported that the plea agreement also requires Binance to be punished. Monitor for up to five years. In addition, Bloomberg also revealed that CZ, the former CEO of Binance, has pleaded guilty to anti-money laundering crimes and is expected to be sentenced in April this year. Although he may face up to 10 years in prison, according to the plea agreement information, the sentence is expected to be no more than 18 months. . According to previous news, Binance admitted to violating U.S. anti-money laundering and sanctions regulations at the end of last year and agreed to pay a fine of up to $4.3 billion. (Bloomberg)