Changpeng Zhao, better known as CZ, faces as much as 18 months in prison after he pleaded guilty to federal money-laundering violations.Changpeng Zhao, the founder of the giant cryptocurrency exchange Binance, must remain in the United States as he waits to be sentenced for violating federal money-laundering rules, a judge ruled on Thursday.Mr. Zhao, who goes by his initials, CZ, pleaded guilty to the charge last month as part of a wide-ranging settlement of several interlocking investigations into Binance by the federal government. A titanic figure in the crypto industry, Mr. Zhao also had to step down as the exchange’s chief…
