Changpeng Zhao admitted his guilt in November, leading to his resignation from Binance, which also agreed to a USD 4.3 billion settlement to resolve related allegations. U.S. officials accused Zhao of turning a blind eye to illicit transactions, allowing over 1.5 million virtual currency trades worth nearly USD 900 million that violated U.S. sanctions., Industry News - Times Now
Three familiar, multi-billion-dollar faces made Forbes' 2023 ranking of the richest people in the world. Mainstays Alain Bouchard, founder of Alimentation Couche-Tard, Emanuele (Lino) Saputo, erstwhile chair of the Saputo dairy company, and Jean Coutu, of Jean Coutu, were the only Quebec residents to crack the top 1,000 in the list of humans with the highest net worth.