8min chapter

Bloomberg Law cover image

CZ Is Going to Prison & Trump Trial Day 5

Bloomberg Law

CHAPTER

Sentencing Dilemma for Crypto CEO CZ

The chapter delves into the sentencing hearing of CZ, the CEO of a major crypto company, where federal prosecutors push for a 36-month prison term citing legal violations. The defense argues for leniency, highlighting CZ's cooperation and previous settlements. The judge ultimately disagrees with the prosecution's recommendation and considers mitigating factors before sentencing CZ.

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