Binance to Pay $4.3B to Settle Money Laundering and CEO Changpeng ‘CZ’ Zhao Resigns
by Brian Wang from NextBigFuture.com on (#6GJJY)
Binance, the world's largest crypto exchange, was criminally charged with breaking sanctions and money-transmitting laws and agreed to pay $4.3 billion to settle case. Founder Changpeng CZ" Zhao pled guilty to charges he personally faced and agreed to pay a $50 million fine. CZ is resigning as CEO. Richard Teng, a former Abu Dhabi regulator ...