Changpeng Zhao Apologizes Ahead of Sentencing, 161 Others Send Letters of Support

In the letter addressed to the U.S. Judge from the Western District of Washington, Richard A. Jones, Zhao said, “There is no excuse for my failure to establish the necessary compliance controls at Binance” and gave an assurance that this would be his only “encounter with the criminal justice system.”

Going forward, Zhao said, he wanted to support biotech startups and the youth. Along with Zhao’s letter, there were 161 other letters of support seeking leniency from family members, friends and others.

Source: Changpeng Zhao Apologizes Ahead of Sentencing, 161 Others Send Letters of Support