Few months? What's the point of that? US Govt gonna sentence him, it's gotta be a few years. Dude needs Steve Cohen's lawyers to help him out.
It depends on 2 things: 1. What is he charged with and what are the max. penalties for that? 2. What kind of deal did he make? I assume the DOJ was after Binance's customers' list, thus they didn't go too hard for him. I guess they could have charged him with 10+ years penalties, but if you are a billionaire with money access anywhere in the world, would you do years of jailtime? The point is, the DOJ risked him not making a deal but running, so they went easy on him. 18 months could end up just under a year or much less.
https://protos.com/did-binance-ex-chief-cz-really-come-to-the-us-voluntarily/ "Finally, FATF had brought up Binance to UAE officials as particularly concerning; and UAE officials were negotiating steps to remove the country’s FATF Grey List designation. Perhaps bringing Binance into compliance — and CZ to justice — might have been part of UAE’s demonstration of its commitment to FATF."
US wants to double the max. penalty for CZ: https://www.reuters.com/legal/us-seeks-36-months-jail-binance-founder-zhao-2024-04-24/ U.S. prosecutors want Changpeng Zhao, the founder and former chief executive of Binance, the world's largest cryptocurrency exchange, to serve three years in prison after he pleaded guilty to violating laws against money laundering. Prosecutors made the request in a Tuesday night filing in Seattle federal court. They said sentencing Zhao to twice the maximum 18 months recommended under federal guidelines would reflect the magnitude of his willful violations, and send a message that "the right choice, every time, is to comply with the law."
He probably gave up their data, thus the lenient sentence. That is why he didn't mind to come to the USA, he had a deal. https://www.cnbc.com/2024/04/30/bin...o-cz-sentenced-to-four-months-in-prison-.html
The US just simply doesn't take financial crimes seriously. That's why it keeps happening over and over again. Nothing else needs to be said. CZ was a vile person who makes Milken look like Frosty the Snowman.
1) He stepped down. 2) He didn't fight it. No extradition. 3) Cooperation, plea deal, large fine. There was no way he was serving more than six months.