[drak0n1c]

Those prosecutors were deeply embarrassed by missing FTX at the time, so they then had the SEC and IRS harass and threaten innocent US citizens in Japan and the US as they fished for charges merely because they happened to once work for or hung out with CZ or employees at Binance.

CZ is the first and only known first-time offender in U.S. history to receive a prison sentence for this single, non-fraud-related charge of improper platform AML KYC implementation. Big banks routinely pay a fine for this, and never face imprisonment. The judge found no evidence that he knew of any illicit transactions and that it was reasonable for him to believe there were no illicit funds on the platform. Credit where it's due, they somehow pulled off a 4 month sentence for this unprecedented charge. And now it's all for naught.

[disgruntledphd2]

Having a bad compliance system is very very different from actively resisting having a compliance system.

Historically bank CEOs have been smart enough to note this difference.

[hackernudes]

CZ already served the time in prison. It's not clear to me whether he and Binance have paid the fines yet.