I'm calling cap not a single reputable outlet reporting this
Changpeng Zhao will pay a $50 million fine and step down as chief executive of the company he created, the latest blow to the crypto world since the implosion of FTX last year.
As part of his guilty plea, Mr. Zhao agreed to pay a $50 million fine and step down from his role as the company’s chief executive. Mr. Zhao faces up to 18 months in prison under federal sentencing guidelines, but prosecutors are keeping open the possibility of asking for a stiffer penalty, according to senior Justice Department officials.
just says he’s facing that time…he may not serve any or he may serve more but watcher guru is very efficient when it comes to crypto news…posted the times link that says the same thing