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CZ Issue Timline

March 28, 2023

CFTC sues Changpeng Zhao

November 2023

Zhao Changpeng resigned from his post, paid the fine and was released on bail

December 7, 2023

The U.S. court officially ruled that Zhao Changpeng is not allowed to leave the United States while on bail

December 18, 2023

CFTC announces $2.85 billion penalty against Binance and Changpeng Zhao

February 12, 2024

Judgment date for Zhao Changpeng’s money laundering case postponed to April 30

April 23, 2024

U.S. prosecutors say Changpeng Zhao should be imprisoned for 36 months

April 25, 2024

Changpeng Zhao is expected to be sentenced on April 30 in Seattle.

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