Bloomberg: CZ's sentence is expected to be no more than 18 months.

According to a BlockBeats report on November 22nd, Bloomberg News revealed that CZ has admitted to committing money laundering and violating US sanctions, and has reached a comprehensive settlement agreement with the US, allowing the cryptocurrency trading platform to continue operating. In addition, CZ faces a maximum of 10 years imprisonment, but under the plea agreement, the expected sentence is not more than 18 months. The US Department of Justice has not made a final decision on his imprisonment, and his defense lawyer stated in court that the sentencing will be postponed for 6 months.