Pals Seek Mercy For Crypto’s Richest Man, Changpeng Zhao

Binance co-founder Changpeng Zhao is facing a potential three-year prison sentence after pleading guilty to US anti-money laundering and sanctions violations last year, as reported by Emily Nicolle for Bloomberg News.

The trove of letters, totaling nearly 350 pages, was submitted to a Seattle court by Zhao’s confidantes and co-workers. I Photo: Stephen McCarthy/Web Summit via Sportsfile, Web Summit Flickr

Over 160 friends, colleagues, and investors have rallied behind Zhao in an effort to prevent his incarceration entirely.

They have submitted numerous letters seeking mercy for Zhao, providing insights into the private life of one of the world's wealthiest individuals. The authors of these letters include the two mothers of his five children, industry titans within and outside the crypto sphere, government elites, old college friends, and dozens of his employees.

The trove of letters, totaling nearly 350 pages, was submitted to a Seattle court by Zhao’s confidantes and co-workers, highlighting the widespread support for him.