A crypto titan’s day of reckoning
By Zachary Warmbrodt and Jasper Goodman
April 30, 2024
Federal guidelines would allot Zhao a 12-to-18-month sentence. But Danny Silva, a former federal prosecutor, told our Declan Harty that those are just starting points. Silva expects that Judge Richard Jones, who’s overseeing the case, will likely hand down a sentence closer to the prosecution’s ask.
“It’s just so much money and it’s just such flagrant violations,” Silva said. “There were real-world consequences from these violations.”
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