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Binance / Re: Binance CZ founder to surrender passport judge's ruling
« on: Today at 08:09:48 AM »No, you can't.
Those were different things, you can plead guilty, accept the fine, and then the judge finds you not guilty, but the fine will still be valid since you accepted it in the plea agreement, once you enter one there is no turning back, you can't even try to oppose the sentence and demand a re-trial, CZ new that and he accepted it from the start.
That's one of the reasons he got only 4 months, normally you get less than half of the maximum when you enter a guilty plea agreement.
Thanks for the information, I was completely unaware of what the process was like. From what you say, CZ cannot avoid jail time, but he can at least reduce the length of the sentence.
I guess it's the best deal CZ can get, but it still seems abusive considering he has always cooperated with justice. We'll see what finally happens when this is all over.