Nov. 22, 2023, 1:02 a.m. | Brandon Vigliarolo

The Register - Security www.theregister.com

Chief quits, pays own penalty after helping crooks launder cash, aiding sanctions evaders

The world's largest cryptocurrency exchange just got a little smaller, with the US Department of Justice announcing Binance and its CEO Changpeng Zhao have both pleaded guilty to a multitude of financial crimes. As a result Binance will fork out $10 billion to Uncle Sam in fines and settlements.…

binance cash ceo changpeng zhao chief crimes cryptocurrency cryptocurrency exchange department department of justice exchange financial guilty helping justice own sanctions world

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