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WASHINGTON, D.C.: Binance chief executive Changpeng Zhao pleaded guilty on Tuesday to US money laundering violations, in a deal that will see the cryptocurrency exchange he founded pay over $4 billion in penalties. ....
The U.S. government dealt a massive blow to Binance, the world’s largest cryptocurrency exchange, which agreed to pay a roughly $4 billion settlement Tuesday as its founder and CEO Changpeng Zhao pleaded guilty to a felony related to his failure to prevent money laundering on the platform. ....
International Business News: Binance, the world's largest cryptocurrency exchange, is facing legal and regulatory challenges from authorities worldwide. Accusations include violat ....
Binance chief Changpeng Zhao has stepped down and pleaded guilty to breaking US anti-money laundering laws as part of a $4.3 billion settlement, one of the largest corporate penalties in US history. ....