The CZ hearing judge said he read all 161 letters submitted because "it's important to know who you are", adding: "I've never seen so many letters, not just from family, but from people who have known you for a long time."
During the trial, the judge stated that he saw mitigating factors (referring to effective intervention in illegal acts) in CZ's conduct and personality. The court also took into account that CZ had taken significant steps to cooperate with law enforcement agencies. The judge mentioned that CZ, as the CEO of Binance, had made decisions and therefore needed to be held accountable. The court noted his failure and responsibility in maintaining proper anti-money laundering procedures, which could have a significant impact on money laundering activities, including drug dealing and terrorism. The judge also stressed the need to respect the law and the importance of passing on information.
CZ Hearing Judge: Sentencing will be considered from all aspects
2024-04-30 18:58:14
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