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International Business Times
International Business Times
Marvie Basilan

Binance Founder Changpeng Zhao's Sentencing Pushed To Late April

Binance Changpeng CZ Zhao United States SEC UAE Crypto
Changpeng 'CZ' Zhao turned Binance into the biggest cryptocurrency exchange in the world. (Credit: AFP)

KEY POINTS

  • Zhao was originally set to be sentenced on Feb. 23 after his guilty plea
  • The Binance founder is out on a $175 million bond and has been barred from traveling abroad
  • CZ stepped down as Binance CEO, admitting that he "made mistakes"

The criminal sentencing of Binance founder and former CEO Changpeng "CZ" Zhao has been pushed to late April. He was initially due for sentencing later this month.

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