It's official CZ pleaded guilty to a felony charge of violating money laundering laws. CZ's on bail at $175M. He's replaced by Richard Teng after he resigned as CEO of Binance. The exchange's got to pay $4.3B to settle the case.
Did we consider Sam Bankman Fried & Changpeng Zhao would've been convicted criminals in 2023? They're going to be sentenced next year.
https://blogtienao.com/wp-content/uploads/2021/07/sam-vs-cz.jpgAs of my last knowledge update in January 2023, there were no reports or official announcements suggesting that Sam Bankman-Fried or Changpeng Zhao, prominent figures in the cryptocurrency space, had been involved in criminal activities or were convicted criminals. Both individuals were known for their roles in the crypto industry, with Sam Bankman-Fried being the CEO of FTX and Changpeng Zhao (CZ) being the CEO of Binance.
However, I don't have access to real-time information beyond my last update in January 2023, so I recommend checking the latest news sources or official statements to verify if there have been any developments or legal proceedings involving them since then.