2023-11-21 20:57 |
Binance founder Zhao to step down and plead guilty to resolve money laundering probes, remains majority owner under $4.3B US agreement.
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In a shocking turn of events, Binance CEO Changpeng Zhao has agreed to step down from the crypto exchange and has plead guilty to “violating US anti-money laundering requirements. ” The news is currently being priced into the crypto market, leading to extreme volatility in Bitcoin and altcoins, plus a lot of chatter on social media.
2023-11-21 21:24 | |
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In reports from Forbes and the Wall Street Journal, sources familiar with the matter state that Binance CEO Changpeng Zhao will be forced to step down from his role at the world’s largest exchange as part of a $4.3 billion settlement.
2023-11-21 20:35 | |
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Changpeng Zhao reportedly plans to plead guilty to violating U.S. Anti-Money Laundering requirements and step down as the CEO of the Binance crypto exchange.
2023-11-21 20:29 | |
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