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Here are five takeaways from Mr. Trump’s 19th day on trial. Last week, Todd Blanche, Mr. Trump’s lead lawyer, confronted Mr. Cohen about a phone call on Oct. 24, 2016. After cross-examination, prosecutors sought to introduce a photo showing Mr. Trump with Mr. Schiller that was taken about the same time as the call. He tried to raise questions about other calls that Mr. Cohen said he placed to Mr. Trump around the time of the hush-money payment. Mr. Cohen, Mr. Trump’s combustible former lawyer and fixer, never lost his temper, despite admitting all manner of bad behavior.
Persons: Michael D, Cohen, Donald J, Trump, sully, Juan M, Merchan, Stormy Daniels, Daniels, Trump’s, Robert Costello, Costello, , , Justice Merchan, Mr, . Costello, ” Prosecutors, Todd Blanche, , Keith Schiller —, Schiller, Cohen’s, Blanche, Susan Hoffinger, ” Cohen, Dave Sanders Organizations: Mr, Defense, Trump Organization, The New York Times Locations: Manhattan, Lake Tahoe, Nev
Once Mr. Trump was elected, he agreed to repay Mr. Cohen for the $130,000 hush-money deal and more. And at a meeting in Trump Tower just weeks before he was sworn in, Mr. Trump signed off on the fakery, Mr. Cohen recounted from the stand. “What, if anything, did Mr. Trump say at that time?” a prosecutor asked Mr. Cohen. There, he said, Mr. Trump’s chief financial officer, Allen Weisselberg, explained how Mr. Trump would reimburse Mr. Cohen for the payoff. To reach Mr. Trump, Mr. Cohen testified, he called the candidate’s bodyguard, Keith Schiller.
Persons: Donald J, Todd Blanche, Blanche, Michael D, Cohen, Trump, Trump’s, , Alvin L, Bragg, Cohen —, Marc F, Scholl, , ” Mr, Stormy Daniels, Mr, , Michael M, Joshua Steinglass, Juan M, Merchan —, “ Trump, David Pecker, Pecker, Hope Hicks, Penny, Daniels, Allen Weisselberg, Weisselberg, Susan Hoffinger, Cohen’s, Keith Schiller, Schiller, William K, Rashbaum Organizations: Trump, Mr, Trump “, New, National Enquirer, Playboy, fixer Locations: Manhattan, New York
CNN —Americans in more than half of the states will face voting restrictions this year that weren’t in place four years ago during the last presidential election, a new analysis finds. Kay Ivey in March – makes it a crime in most cases to return an absentee ballot application on behalf of another voter. And it’s now a felony for a person to receive payment for distributing or collecting absentee ballot applications. At least 11 states have enacted laws this year that the Brennan Center officials say make it easier to vote. Given the changed election law landscape, she added, it’s crucial that people who plan to cast ballots this fall start to familiarize themselves with their state’s voting rules.
Persons: Brennan, , Sara Carter, Donald Trump, baselessly, , Kay Ivey, ” Ivey, Grant Baldwin, Michael Swensen, ” Carter Organizations: CNN, Brennan Center for Justice, New York, Brennan Center, Republican Gov, , Getty, Brennan, Kentucky Locations: North Carolina, Alabama, Idaho, Charlotte , North Carolina, Carolina, Louisville , Kentucky, Nebraska
There were no women flying, there were no female airline pilots. A historic moment, kept secretRippelmeyer and Captain Emilie Jones before a flight with Air Illinois, where they became the first all-female crew of a scheduled flight in the United States. So that’s what we did.”It was December 30, 1977, and that was the first scheduled flight in the United States with an all-female crew – but it was kept a secret. At least, “since nobody died,” Lippenmeyer says, the two were no longer intentionally kept apart and flew together many more times. “My first 747 flight was to London and then my last 787 flight was to London,” she says.
Persons: CNN — Lynn Rippelmeyer’s, , , Rippelmeyer, Bonnie Tiburzi, Emily Warner, Frontier –, Emilie Jones, Lynn Rippelmeyer Rippelmeyer’s, — Emilie, ” Rippelmeyer, ” Lippenmeyer, Lynn Rippelmeyer, Ozark Air Lines —, Carl Hirschberg, we’d, that’s, doesn’t, ” “, I’m, furloughed, wasn’t, didn’t, ” – Organizations: CNN, TWA, Boeing, Piper, American Airlines, Frontier, Air Illinois, Air, Airlines, Ozark Air Lines, World Airlines, TWA –, People Express, People, London Gatwick, Continental, Central America, United Airlines, Continental Airlines, Aviation Locations: Mississippi, Vermont, United States, Miami, Air Illinois, Air, JFK, , Newark, London, Polynesia, California, Texas, Houston, Tegucigalpa, Honduras, Central
Michael D. Cohen, Donald Trump’s former fixer and current antagonist, faced a tough cross-examination on Thursday as the defense drilled into his past lies. Mr. Cohen, once known as a hothead and a paid bully, did not explode as he did when testifying last fall at Mr. Trump’s civil fraud trial. He seemed at times stressed under the searing questioning from Mr. Trump’s attorney, Todd Blanche. Mr. Cohen is not done. Mr. Trump, 77, has denied the charges and having had sex with Ms. Daniels.
Persons: Michael D, Cohen, Donald Trump’s, Todd Blanche, Blanche, Mr, Trump, Barron’s, Stormy Daniels, Daniels Organizations: Mr Locations: Lake Tahoe, Nev
Mr. Trump faces 34 felony counts of falsifying business records to hide the reimbursement of Mr. Cohen. Mr. Trump, 77, has denied the charges and says he did not have sex with Ms. Daniels. Mr. Blanche grilled Mr. Cohen about social media posts. Their defense of Mr. Trump follows a gag order that bars him from attacking jurors and witnesses like Mr. Cohen. Mr. Trump has already been cited for 10 violations so far and threatened with jail if he continues.
Persons: Michael D, Cohen, Michael Cohen, Donald Trump, Todd Blanche, Trump, Stormy Daniels, Daniels, Trump’s, Juan M, Merchan, , Mr, Blanche, ” Mr, Donald J, Mark Peterson, Cohen’s, Mike Johnson of, Johnson, , Doug Burgum, Vivek Ramaswamy Organizations: Mr, Prosecutors, Republican Party Locations: Manhattan, Lake, Mike Johnson of Louisiana, North
In the past week of testimony in Donald J. Trump’s criminal trial, prosecutors were tying their case together, with two of the most important witnesses — a porn star and Mr. Trump’s one-time fixer — testifying just days apart. Defense attorneys painted Mr. Cohen as a serial liar bent on exacting revenge against his former boss. Mr. Trump’s attorneys grilled the porn star, Stormy Daniels, about her credibility, poking holes in her recollection of an assignation she said occurred in 2006. Mr. Trump has denied having sex with Ms. Daniels or having any knowledge of the payment scheme. If convicted, he could face probation or as long as four years in prison.
Persons: Donald J, Trump’s, , Michael D, Cohen, Trump, Mr, Stormy Daniels, Daniels
Michael Cohen faced a fierce cross-examination on Tuesday afternoon in the criminal trial of Donald Trump, as the defense tried to tear down the prosecution’s key witness. Mr. Cohen was repeatedly attacked by Mr. Trump’s attorney, Todd Blanche, who suggested he was being evasive on the stand, had selective amnesia and was a jilted former employee profiting off his hatred of the former president. Mr. Cohen, once Mr. Trump’s personal lawyer, has testified that Mr. Trump directed him to pay $130,000 in hush money to Stormy Daniels, a porn star, to suppress her account of a sexual rendezvous with him in a Lake Tahoe hotel in 2006. Mr. Trump faces 34 felony counts of falsifying business records to hide the reimbursement of Mr. Cohen. Mr. Trump, 77, has denied the charges and says he did not have sex with Ms. Daniels.
Persons: Michael Cohen, Donald Trump, Cohen, Todd Blanche, Trump, Stormy Daniels, Daniels Organizations: Mr Locations: Lake
Mr. Cohen said that, according to Mr. Trump, she recommended calling it “locker-room talk” to explain it away. Mr. Cohen brought many of those moments to life, describing Mr. Trump’s micromanagement and his campaign’s panic after the release of the “Access Hollywood” tape. Mr. Cohen also bolstered testimony by David Pecker, the former National Enquirer publisher, establishing a deal to suppress unflattering stories about Mr. Trump. “Once I received the money back from Mr. Trump, I would deposit it and no one would be the wiser,” Mr. Cohen said. He also held a news conference blasting Democrats, whom he and Mr. Trump blame for the case, and Mr. Cohen.
Persons: Michael D, Cohen, Donald J, Trump’s, , Stormy Daniels, Trump, Daniels, Melania, , Todd Heisler, ” Mr, Karen McDougal, ” Cohen, Mr, Trump’s micromanagement, David Pecker, Keith Davidson, Daniels’s, , , Allen Weisselberg, J.D, Vance of, Vance, Rick Scott of, Ken Paxton, Tommy Tuberville, Michael Cohen, Organizations: ., New York Times, Playboy, National Enquirer, Republican, Prosecutors Locations: Manhattan, Lower Manhattan, Vance of Ohio, Rick Scott of Florida, Texas, Alabama
The $130,000 payment led to the charges against the former president: that Mr. Trump falsified 34 business records to hide a reimbursement to Mr. Cohen. Mr. Trump, 77, has denied the charges and says he did not have sex with Ms. Daniels. Here are five takeaways from Mr. Trump’s 16th day on trial:Cohen brought four weeks together in one day. Since testimony began April 22, prosecutors have been stitching together the motive and methods of the $130,000 payment, using evidence like phone logs, emails and text messages and witness testimony. Mr. Cohen brought many of those moments to life, describing Mr. Trump’s micromanagement and his campaign’s panic after the release of the “Access Hollywood” tape just before the 2016 election.
Persons: Michael D, Cohen, Donald J, Trump’s, , Stormy Daniels, Trump, Daniels, Mr, Trump’s micromanagement
Michael Cohen testifies
  + stars: | 2024-05-13 | by ( Justin Porter | ) www.nytimes.com   time to read: +1 min
Michael Cohen, Donald Trump’s onetime fixer and now the star witness at his criminal trial, today described for jurors how Trump told him to pay off Stormy Daniels: “Just do it.”The testimonies of Cohen and Daniels are intended to show jurors that Trump falsified business records to cover up a $130,000 payment to buy Daniels’s silence about a sexual encounter. Trump faces 34 felony counts related to the records, and probation or up to four years in prison if convicted. Cohen testified that when Trump ordered him to pay Daniels off, Cohen financed the payment with a home equity line of credit. The former Trump fixer’s testimony ground away at the defense’s assertion that Trump wasn’t aware of Cohen’s actions. Instead, Cohen testified, Trump was a micromanager in the process to head off a story that would have been “catastrophic” for his presidential campaign in 2016.
Persons: Michael Cohen, Donald Trump’s, Trump, Stormy Daniels, , Cohen, Daniels Organizations: Trump
The judge denied the request and Mr. Trump’s second motion this week for a mistrial. Mr. Trump, 77, has denied the charges and says he did not have sex with Ms. Daniels. Credit... Todd Heisler/The New York TimesThe defense did get Ms. Daniels to concede that she had made money from the scandal. When Ms. Daniels stepped down from the stand Thursday afternoon, Mr. Trump stared at a monitor, not glancing up as she walked by. Image Madeleine Westerhout described life in the Oval Office, including Mr. Trump signing checks there.
Persons: Donald J, Stormy Daniels, Trump, Susan Necheles, Daniels’s, Necheles, , Daniels, Trump’s, Todd Blanche, Juan M, Todd Heisler, Mr, Necheles’s, , Ms, Lucas Jackson, Thursday’s, Madeleine Westerhout, Bill O’Reilly —, Erin Schaff, Westerhout, Michael D, Cohen Organizations: Trump, New York Times, Trump . Credit, Trump glowered, Prosecutors, White House, The New York Times Locations: Nevada, Lake Tahoe, Trump .
Eventually, Ms. Necheles went straight to the point. Ms. Daniels responded forcefully: “No.”At the conclusion of the day, Mr. Trump’s lawyer, Todd Blanche, asked Justice Juan M. Merchan whether he would modify a gag order to let Mr. Trump respond publicly to Ms. Daniels’s testimony. The judge denied the request and Mr. Trump’s second motion this week for a mistrial. The former president is accused of falsifying business records to hide a $130,000 payment to Ms. Daniels just before the 2016 election, a payment meant to silence her story. Mr. Trump, 77, has denied the charges and says he did not have sex with Ms. Daniels.
Persons: Stormy Daniels, Donald J, Trump, Susan Necheles, Daniels’s, Necheles, , Daniels, Trump’s, Todd Blanche, Juan M Locations: Nevada, Lake Tahoe
Resorts World Las Vegas President Scott Sibella speaks during the opening of Resorts World Las Vegas on June 24, 2021 in Las Vegas, Nevada. The former president of the MGM Grand casino in Las Vegas is set to be sentenced Wednesday afternoon on a federal criminal charge related to his failure to report millions of dollars in wagers by an illegal bookmaker at his casino. Sibella's lawyers have asked that he be sentenced to probation, as have prosecutors. Sibella admitted knowing that a patron of his casino, Wayne Nix, ran an illegal bookmaking business, according to the Department of Justice. "Despite this knowledge, Sibella allowed Nix to gamble at MGM Grand and affiliated properties with illicit proceeds generated from the illegal gambling business without notifying the casino's compliance department," the DOJ said in January.
Persons: Scott Sibella, Sibella, Wayne Nix, Nix Organizations: Vegas, Resorts, MGM, Court, Department of Justice, MGM Grand, DOJ Locations: Vegas, Las Vegas , Nevada, Las Vegas, U.S, Los Angeles
In the third week of testimony in Donald J. Trump’s criminal trial, jurors have seen dozens of dry records and heard hours of sordid stories. This week’s witnesses included Stormy Daniels, an adult film-star who was paid $130,000 in hush money by Mr. Trump’s one-time fixer when her story of a sexual encounter threatened to derail the then-candidate’s 2016 election bid. Mr. Trump is charged with masking his reimbursement to the fixer, Michael D. Cohen, by orchestrating the falsification of 34 documents related to the transaction. The first American president to face criminal proceedings, Mr. Trump has denied the felony charges and having had sex with Ms. Daniels. Here are the most memorable things said in court over the past seven days:‘Pay with cash.’Mr. Trump’s words echoed through the courtroom last Thursday, pulled from an audio clip that Mr. Cohen surreptitiously recorded in 2016.
Persons: Donald J, Stormy Daniels, Trump’s, Trump, Michael D, Cohen, Daniels, Mr
Three former students have filed suit, saying a SoCal school district failed to protect them from "rampant" sexual abuse. AdvertisementA group of sexual abuse survivors have filed suit in Los Angeles Superior Court, saying their high school district failed to protect them from predatory teachers for years. Administrators failed to properly supervise employees, the lawsuit claims, and repeatedly "ignored and concealed the sexual abuse of minor students." "It's about protecting the interests of the school district over protecting children." After leaving a job as PE teacher in the Lake Washington School District outside of Seattle, Scott Nelson was coaching basketball in the Issaquah school district.
Persons: , Clara, Wing Chan, Alex Rai, Jane Doe, Eduardo Escobar, Escobar, I've, Michael Carrillo, Carrillo, Mark Abramson, Edward Zuniga, Chan, Rai, Edwin Reyes Villegas, Villegas, David Pitts, Pitts, Cindy, Ross Perry, Pitts didn't, didn't, Kristy, Sofia Hernandez, EMUHSD, Lee, William Riddell, Riddell, Lee couldn't, they'd, Jason Miyares, Erin Sucher O'Grady, Sucher O'Grady, Tony Arnold, Eric Burgess, she'd, David Brobeck, Brobeck, he'd, Nicole Miller, Burgess, Scott Nelson, He'd, Nelson, Lax, Matt Drange Organizations: Business, Rosemead, Service, Los Angeles Superior Court, Southern, Los, Los Angeles County Sheriff's Department, El Monte Union High School District, Business Insider, LA County Probation Department, Gabrielino, Ceanothus, High School, Fairfax County Police, Virginia Attorney's, Virginia, Fairfax County Police Department, Clayton High School, Laguna Beach High School, Laguna Beach Unified School District, Associates, Lake Washington School District, Issaquah, of Education, Los Angeles County Sheriff's, Temple City Locations: Los Angeles, Southern California, LA, California, Loudoun County , Virginia, Spokespeople, Fairfax, Louis County , Missouri, Laguna, Rosemead, Seattle, Issaquah, Lake Washington, Temple
The Manhattan district attorney has charged Mr. Trump, 77, with falsifying 34 business records to hide a $130,000 payment to Stormy Daniels, a porn star who says she and Mr. Trump had a tryst in 2006 while he was married. Mr. Trump, the first American president to face criminal prosecution, has denied the charges and says he did not have sex with Ms. Daniels. Here are five takeaways from Mr. Trump’s 11th day, and third week, on trial:A scandalous recording resurfaces. Ms. Hicks recalled consulting with Michael D. Cohen, Mr. Trump’s former lawyer and fixer, who eventually paid Ms. Daniels to keep quiet. On Thursday, prosecutors presented four more incidents and called Mr. Trump’s statements “corrosive.” Mr. Trump’s legal team argued that he was merely responding to political attacks.
Persons: Hope Hicks, Donald J, Trump, Gasps, Trump’s, Hicks, Stormy Daniels, Daniels, Ivanka, Donald Trump’s, Billy Bush, Mark Makela, Juan M, ” Mr, , Karen McDougal, McDougal, Michael D, Cohen, , Keith Davidson, Hillary Clinton, Davidson, Mr, Doug Mills, Clinton, , Justice Merchan, Merchan Organizations: White, White House, The Washington Post, , The New York, The, Wall Street, The National Enquirer, Trump, Manhattan Criminal, New York Times, Prosecutors, Mr Locations: Manhattan, Los Angeles
Donald J. Trump’s Monday began with a grave warning from Juan M. Merchan, the judge presiding over the former president’s criminal trial, threatening to imprison him if he continued to flout a gag order. That testimony was elicited from two employees, one current and one retired, of the Trump Organization. The former president is accused of falsifying business records to cover up that $130,000 payment. Mr. Trump, 77, the first American president to face criminal prosecution, has denied the charges and says he did not have sex with the woman, Stormy Daniels. If convicted, he could face prison time or probation.
Persons: Donald J, Trump’s, Juan M, Justice Merchan, Trump, , Michael D, Cohen, Stormy Daniels Organizations: Mr, Trump Organization
Gasps were heard in the overflow courtroom when Hope Hicks was called as a witness on Friday in Donald J. Trump’s criminal trial in Manhattan, an audible sign of the anticipation as Mr. Trump’s former press secretary and White House communications director took the stand. In nearly three hours on the stand, Ms. Hicks described the impact on Mr. Trump’s campaign of the so-called “Access Hollywood” tape, in which Mr. Trump bragged about grabbing women’s genitals. As soon as the tape was disclosed in October 2016, Ms. Hicks said, she knew it would be “a massive story.”Taking the stand under a subpoena, Ms. Hicks said she was nervous, and at one point, early in the cross-examination, she broke down in tears. The Manhattan district attorney has charged Mr. Trump, 77, with falsifying 34 business records to hide a $130,000 payment to Stormy Daniels, a porn star who says she and Mr. Trump had a tryst in 2006 while he was married. Mr. Trump, the first American president to face criminal prosecution, has denied the charges and says he did not have sex with Ms. Daniels.
Persons: Gasps, Hope Hicks, Donald J, Trump’s, Hicks, Trump, Stormy Daniels, Daniels Organizations: White House Locations: Manhattan
Before the tape was revealed, Mr. Trump’s legal team aggressively attacked the credibility of Mr. Davidson during a cross-examination that quickly turned hostile. Frequently, Mr. Davidson would respond, “I don’t recall.”Mr. Bove confronted Mr. Davidson about his “fuzzy” memory and Mr. Davidson responded forcefully that his answers had been truthful. Image The jury heard a recording, made by Michael D. Cohen, Mr. Trump’s longtime fixer, during the 2016 campaign. That included one in which Mr. Trump and Mr. Cohen discussed a hush-money deal for Karen McDougal, a former Playboy model who was trying to sell a story about an affair with Mr. Trump. The potential witness list has several major names, including Ms. Daniels, Mr. Cohen and Hope Hicks, who is Mr. Trump’s former spokeswoman.
Persons: Keith Davidson, Stormy Daniels, Donald J, Juan M, Trump, Merchan, Daniels, Davidson, Michael D, Cohen, Mr, Emil Bove, ” Mr, Bove, , , Trump’s, Maansi Srivastava, Davidson’s, Justice Merchan, Alvin L, Bragg, Todd Blanche, ” Trump, Blanche, Doug Mills, Biden’s, Biden, We’re, Douglas Daus, Karen McDougal, Hope Hicks Organizations: Trump, Prosecutors, Trump White House, New York, ., White, Playboy Locations: Manhattan, Michigan, Wisconsin
Mr. Trump, 77, is charged with falsifying 34 business records to hide the payment to Ms. Daniels. He has denied the felony charges, and having had sex with Ms. Daniels and Ms. McDougal. The tabloid had agreed to buy negative stories about Mr. Trump and then bury them. Image Michael D. Cohen, Mr. Trump’s former fixer, was the point of contact for a lawyer seeking to sell stories. Mr. Trump, the presumptive Republican nominee, is planning rallies in Wisconsin and Michigan — both battleground states — on Wednesday.
Persons: Donald J, Trump, Juan M, Trump’s, Stormy Daniels, Keith Davidson, Karen McDougal, she’d, Daniels, McDougal, Davidson, Dylan Howard, . Bauer, Griffin, , Howard, Mr, Ms, Michael D, Cohen, Justice Merchan, Michael Cohen, Gary Farro, Dave Sanders, Todd Blanche, Farro, Blanche, Cohen “, Melania Trump, Barron’s, Merchan Organizations: National Enquirer, Trump, Trump . Credit, Getty, Trump Organization, First Republic Bank, The New York Times, Prosecutors, SPAN, Republican Locations: Los Angeles, Trump ., Wisconsin, Michigan
Keith Davidson, the former lawyer for the porn star Stormy Daniels, faced a blistering cross-examination on Thursday in the criminal trial of Donald J. Trump, with defense lawyers casting him as a serial extortionist of celebrities. The judge, Juan M. Merchan, also heard arguments about additional violations of a gag order by Mr. Trump, just days after he held the former president in contempt and fined him $9,000 for nine other violations. Justice Merchan has threatened jail time if the violations continue, but did not rule on four new allegations on Thursday. Mr. Trump, 77, is charged with falsifying 34 business records, including checks and invoices, to hide a $130,000 payment to Ms. Daniels, who says she and Mr. Trump had a tryst in 2006 while he was married. Mr. Trump, the first American president to face prosecution, has denied the felony charges, and having had sex with Ms. Daniels.
Persons: Keith Davidson, Stormy Daniels, Donald J, Juan M, Trump, Merchan, Daniels Organizations: Trump
During the past week in Donald Trump’s criminal trial, there has been talk of trysts and the trade in the secrets of the rich and famous. If convicted, Mr. Trump could face probation or up to four years behind bars. Prosecutors hoped to show that the payments originated with Mr. Trump. On Thursday, Mr. Pecker testified that after the tabloid’s parent company, American Media Inc., paid a Playboy model to stay quiet, Mr. Trump did not immediately reimburse him. Mr. Pecker said he asked Mr. Cohen, “Who is going to pay for it?” Mr. Pecker said the former fixer-turned-state-witness responded: “Don’t worry.
Persons: Donald Trump’s, Trump, Stormy Daniels, Michael D, Cohen, Daniels, ’ David Pecker, Pecker, Mr, , Organizations: SPAN, National Enquirer, Prosecutors, Mr, American Media Inc
Changpeng Zhao, the billionaire founder of the giant cryptocurrency exchange Binance, was sentenced to four months in prison on Tuesday, a much shorter term than prosecutors had demanded after he pleaded guilty to money laundering violations last year. Prosecutors had asked for three years in prison while Mr. Zhao’s defense lawyers had requested probation without any prison time. In March, Sam Bankman-Fried, the founder of the collapsed FTX exchange and Mr. Zhao’s onetime business rival, was sentenced to 25 years in prison for fraud. Not long ago, Mr. Zhao and Mr. Bankman-Fried stood atop the multitrillion-dollar crypto industry. But it also faced investigations by several U.S. agencies into whether Mr. Zhao had broken the law to build his empire.
Persons: Changpeng Zhao, Prosecutors, Justice Department’s, Sam Bankman, Zhao’s, Zhao, Fried, Binance Organizations: Justice
Changpeng Zhao, former chief executive officer of Binance, arrives at federal court in Seattle, Washington, US, on Tuesday, April 30, 2024. Binance's billionaire founder Changpeng Zhao was sentenced to four months in prison on Tuesday, after pleading guilty to charges of enabling money laundering at his crypto exchange. The sentence in Seattle federal court was significantly less than the three years that federal prosecutors were seeking for Zhao. In November, Zhao struck a deal with the U.S. government to resolve a multiyear investigation into Binance, the world's largest cryptocurrency exchange. The action against Binance and its founder was a joint effort by the Department of Justice, the CFTC and the Treasury Department, though the SEC was notably absent.
Persons: Changpeng Zhao, Binance, Zhao Organizations: U.S, Bank, U.S . Securities, Exchange Commission, Commodity Futures Trading Commission, Binance, Department of Justice, CFTC, Treasury Department, SEC Locations: Seattle , Washington, US, Seattle, Binance, U.S
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