Some 161 letters of support from family, friends and crypto industry professionals were also filed on behalf of Zhao.
In a letter to U.S. Judge Richard A. Jones for the Western District of Washington filed on Tuesday, former Binance CEO Changpeng Zhao apologized for his “poor decisions” at the helm of the crypto exchange ahead of his sentencing over anti-money laundering and sanctions violations.
The former Binance CEO also apologized to his family, friends, employees and the broader crypto community, saying he took comfort from letters of support sent on his behalf. Some 161 letters of support for Zhao were also filed on Tuesday. “Words cannot explain how deeply I regret my choices that result in me being before the Court. Rest assured that it will never happen again. Please accept my assurance that this will be my only encounter with the criminal justice system and that going forward I will live my life in a manner that will make everyone proud,” Zhao concluded.U.S. prosecutors are seeking 36 months of imprisonment for Zhao, The Block reported earlier today.
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