Pleaded guilty to one count of violating the banks secrecy act, Resolving A Multi Investigation by the Us Government into the well s largest cryptocurrency exchange, binance. As part of that agreement he also stepped down as ceo. The founder apologised to the court in seattle, saying his company had now put in place anti Money Laundering controls. It was watched by his mother and sister who were in court as he learned his fate. The sentence was considerably shorter than the three years prosecutors were demanding and less than the 1218 were demanding and less than the 12 18 months recommended underfederal the 12 18 months recommended under federal guidelines. The 12 18 months recommended underfederal guidelines. Once under federal guidelines. Once considered the underfederal guidelines. Once considered the most powerful person in the crypto industry, he is the second major crypto boss to be sentenced to prison. In march, sam bankman fried received 25 years behind bars for stealing 8 bil
Well have more on this developing story right here on bbc news. Images show police entering the building, as you see on screen, making their way through a window, by the looks of things, trying to make their way into the hall to get to the students that have camped out inside. The campus is in Upper Manhattan which has been a focal point of Student Protests that have spread to dozens of universities and schools across the us, expressing opposition to israels war in gaza. Police are, quote, clearing it out, as they marched to the barricaded entrance to the building and Police Action comes hours after new york mayor eric adams and the nypd held a joint Press Conference where they blamed professional outside agitators escalating the situation and said that it was in Public Safety issue, that was what they said. Lets move on and will bring the story later on our programmes here on bbc news. Back to business news. Binance founder Changpeng Zhao was sentenced to four months in prison after p
Place in cairo. Still no word from hamas, who said they would give a response on the terms of israels revised proposal by wednesday. Mr blinken was in jordan earlier, where he met king abdullah. They talked about the Aid Deliveries which are still well below the level required in gaza. He has also been in riyadh on this trip where they have been talking about a Security Guarantee for saudi arabia in return for normalisation of relations with israel. The ceasefire is the first crucial step. Heres what he had to say as he left amman. Our focus right now, is on getting a cease fire and hostages home. That is the most urgent thing, and its also, i think, what is achievable because the israelis have put a strong proposal on the table. Theyve demonstrated that theyre willing to compromise and now its on hamas. With regards to those ceasefire negotiations, israel says it will wait until wednesday for a response from hamas. The deal on the table includes a 40 day truce, in return for the relea
And resulting in a multiyear investigation by the Us Government into the Worlds Largest Cryptocurrency Exchange binance. As part of the agreement, he stepped out of the ceo and founder apologised to the court in seattle singles company had now put in place anti Money Laundering controls and is watched by his mother and is watched by his mother and sister who were in court as he learned his fate. The sentence was considerably shorter than the three years prosecutors are demanding less than 12 to 18 months recommended underfederal recommended under federal guidelines. Once recommended underfederal guidelines. Once considered the most powerful person in the Crypto Industry is the second major crypto boss to be sentenced to prison. In march, he received 25 years behind bars for stealing 1 billion from customers from his now bankrupt exchange. But binance is still the biggest Cryptocurrency Exchange in the world and he has his own eyes on the future. Recently announcing plans to launch a ne
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