Binance CEO Pleads Guilty to Money Laundering Violations, Will Step Down Gizmodo

Binance founder Changpeng Zhao (CZ) will step down from his CEO duties and plead guilty to criminal charges, paying a $50 million fine, according to court documents made public Tuesday. The Department of Justice is expected to announce a $4 billion settlement with Binance this afternoon, putting an end to an…

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 Binance founder Changpeng Zhao (CZ) will step down from his CEO duties and plead guilty to criminal charges, paying a $50 million fine, according to court documents made public Tuesday. The Department of Justice is expected to announce a $4 billion settlement with Binance this afternoon, putting an end to an…Read more…  Read More binance, business finance, corporate crime, cryptocurrencies, brian tsuchida, changpeng zhao, ftx, gizmodo, cryptocurrency exchange, sam bankman fried, law crime, commodity futures trading commission, cz Gizmodo 

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