Crypto Community Responds to Changpeng Zhao’s 4-Month Sentence

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Rabya Anwar, Esq., an award-winning financial services lawyer, explained that Zhao may have previously mentored Bankman-Fried before their relationship soured. However, she emphasized that the way these two industry leaders have operated their businesses has been notably different. Bankman-Fried faced charges of fraud and misappropriation of customers’ funds, akin to theft, while Zhao’s case is more focused on the effectiveness of anti-money laundering controls. Anwar also mentioned that several factors have led to the contrasting sentencing of these two individuals.

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