Former Binance CEO Changpeng Zhao was sentenced to 4 months in US prison today. 

The sentence is lower than some bettors expected, with those on Polymarket expecting the judge to hand down a sentence of six months.

Zhao will now head to a US prison to serve out his sentence, which is lower in comparison to the 36 months sought by the Department of Justice. Zhao’s team only sought five months probation. 

Zhao also must pay a $50 million fine, as stipulated in his guilty plea signed in November. 

Prosecutors aimed high when requesting Zhao’s sentence — which is double the 18 months at the high end of the guidelines — because they wanted the sentence to match the “gravity”…

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