Ex-Binance Boss Zhao Changpeng Arrested in California
CryptoNewsTerminal Staff31 May, 2024
Ex-Binance Boss Zhao Changpeng Arrested in California
Former Binance Chief Executive Officer Zhao Changpeng Held in Lompoc Prison Zhao Changpeng, the former CEO of Binance, is currently in custody at the Lompoc prison in California, according to Trinews X, citing CNBC. CryptoNewsTerminal had previously reported that Zhao had been sentenced to four months in prison by a court in the United States. The precise reasons behind Zhao's arrest and imprisonment are not yet entirely clear. The story will be updated as more information becomes available.