Binance CEO Pleads Guilty as Part of $4.3 Billion DOJ Settlement

Zhao Changpeng, founder and CEO of Binance, the world’s largest cryptocurrency exchange, will step down as CEO as part of a settlement with the Department of Justice. Zhao plead guilty to money-laundering charges, and Binance will pay a $4.3 billion dollar fine. Zhao will face sentencing for the criminal charges at a later time. According ...

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