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...

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