Binance Pleads Guilty To Money Laundering, Faces Over $4 Billion In Fines

The DOJ has announced that Binance pleaded guilty to money laundering, and faces over $4 billion in fines, and Mr. Zhao consents to resign as CEO of Binance.

Table of Contents'Complete Exit From the United States'More Details

The founder of Binance, the largest cryptocurrency exchange in the world, Changpeng Zhao, entered a guilty plea to charges of money laundering, agreed to resign, and paid a fine of $50 million. Meanwhile, Binance must make a "complete exit" from the United States...

Subscribe to view this content.

Explore exclusive GGI coverage of Donald Trump’s assassination attempt.

 
Do you have a tip or sensitive material to share with GGI? Are you a journalist, researcher or independent blogger and want to write for us? You can reach us at [email protected].