Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»BLOCKCHAIN NEWS»Crypto community reacts to Changpeng Zhao’s 4-month sentence.
BLOCKCHAIN NEWS

Crypto community reacts to Changpeng Zhao’s 4-month sentence.

By Crypto FlexsMay 1, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Crypto community reacts to Changpeng Zhao’s 4-month sentence.
Share
Facebook Twitter LinkedIn Pinterest Email

On April 30, Judge Richard Jones sentenced Zhao to four months in prison, going against the recommendation of the U.S. Department of Justice (DOJ) to sentence Zhao to three years in prison.

London-based financial services lawyer Rabya Anwar told crypto.news that the stories of Zhao and FTX founder Sam Bankman-Fried were “interconnected” after the U.S. government took action against both within a short period of time. She explained:

“Zhao may have mentored Bankman-Fried before the breakdown of their relationship in the past, but the way these two industry leaders conduct their respective businesses is completely different. Bankman-Fried is accused of fraud, including misappropriating customer funds, which some have described as theft. Zhao’s case, on the other hand, focuses more on the effectiveness of anti-money laundering controls.”

Attorney Rabya Anwar, an award-winning financial services lawyer, told crypto.news.

Several factors contributed to the difference in sentences between the two men. Anwar points to “the nature of the behavior and, by extension, the harm and lasting impact the FTX scandal has had on the innocent public.”

Additionally, many in X’s cryptocurrency community have been sharing the number “4” since Zhao’s sentencing was announced. Zhao is a signal and viral meme developed to raise awareness about the four key players behind Binance in 2023.

For 2023, we will try to keep it simple. Spend more time doing less. What to do and what not to do.

1. Education
2. Compliance
3. Products and services

4. Ignore FUD, fake news, attacks, etc.

We would appreciate it if you could link to this post when you tweet “4” in the future. 🙏

— CZ 🔶 BNB (@cz_binance) January 2, 2023

Autism Capital says Zhao “literally brought his prison sentence into existence.”

CZ is truly the best player. Unlike Sam, he didn’t lose anyone’s money. He is still a hero to everyone. He literally made his prison sentence a reality. He spent four months playing pickleball and meditating in the easiest prison cell. He got his hands on $47 billion 👏🏼

— Autism Capital 🧩 (@AutismCapital) April 30, 2024

Zhao immediately after sentencing Posted He said he would “focus on the next chapter” of his life after his time in prison, with the goal of “education.”

Cryptocurrency influencer Crypto Patel also expressed support, saying, “Zhao is not a criminal.” He added that Zhao is an “innovator” and “believes in a future powered by cryptocurrency.”

Standing with Changpeng Zhao @cz_binance )

Yesterday was a very difficult day #CZ A true visionary and founder of Binance will be sentenced.

CZ is not just a leader. He is a passionate advocate for the transformative potential of cryptocurrencies.
He believes in the future… pic.twitter.com/kxKdhwseJH

— Crypto Patel (@CryptoPatel) May 1, 2024

Another X user named RobinTheFarmer pointed out Zhao’s support for Terra (LUNA) and Luna Classic (LUNC) and their communities.

OMG.. I’m so happy for CZ.. I know 4 months has been a long time away from his family, but this is so much better than it used to be.. And the irony of the “4”. . Even the judge indirectly supported CZ’s sentence. We all know he fell on his sword… pic.twitter.com/OmCEkwAwDS

— RobinTheFarmer.BNB (@RobinTheFarmer) April 30, 2024

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The $19 billion cryptocurrency collapse: A catalyst for Bitcoin to reach $200,000 by 2025: Standard Chartered

October 25, 2025

DAOs are redefining corporations, but the law is not yet ready.

October 20, 2025

US government holds $36 billion in Bitcoin after largest confiscation in history

October 15, 2025
Add A Comment

Comments are closed.

Recent Posts

Stablecoin payments reach $10 billion with mainstream adoption

October 26, 2025

Ethereum Rebounds from Bull Market Support: Can It Conquer the ‘Pocket of Gold’ Next?

October 26, 2025

TRX Price Prediction: TRON targets $0.35-$0.62 despite the current oversold situation.

October 26, 2025

Shamir’s Secret Sharing (SSS) for secure quantum data storage

October 25, 2025

MultiBank Group and Khabib Nurmagomedov Launch an Exclusive Worldwide Multi-Billion-Dollar Joint Venture to Build the World’s First Regulated Tokenized Sports Ecosystem.

October 25, 2025

Bitcoin price surpasses $125,000 and hits ATH.

October 25, 2025

People Are Earning Thousands Of Dollars A Day

October 25, 2025

The $19 billion cryptocurrency collapse: A catalyst for Bitcoin to reach $200,000 by 2025: Standard Chartered

October 25, 2025

Humanity protocol price rises by 70% with launch of sustainable digital ID

October 24, 2025

RIVER Gains 5x Following Binance Perp Listing, Supported By Time-Encoded Airdrop Conversion

October 24, 2025

HYPE price is targeting a 54% rise with a breakout of the falling wedge.

October 24, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Stablecoin payments reach $10 billion with mainstream adoption

October 26, 2025

Ethereum Rebounds from Bull Market Support: Can It Conquer the ‘Pocket of Gold’ Next?

October 26, 2025

TRX Price Prediction: TRON targets $0.35-$0.62 despite the current oversold situation.

October 26, 2025
Most Popular

NVIDIA CEO Jensen Huang Predicts Ubiquitous AI Assistants at SIGGRAPH 2024

July 30, 2024

According to statistics: Dogecoin has become the second most traded coin, surpassing Ethereum and Shiba Inu.

April 9, 2024

Standardization of blockchain data formats improves interoperability between chains – Nick Yushkevich

April 3, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.