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Home / Largest crypto exchange Binance fined US$4 billion, CEO pleads guilty to not stopping money laundering

Largest crypto exchange Binance fined US$4 billion, CEO pleads guilty to not stopping money laundering

Posted on November 21, 2023November 22, 2023 by admin

The U.S. government dealt a massive blow to Binance, the world’s largest cryptocurrency exchange, which agreed to pay a roughly US$4 billion settlement Tuesday as its founder and CEO Changpeng Zhao pleaded guilty to a felony related to his failure to prevent money laundering on the platform.
Source: ctv business
Largest crypto exchange Binance fined US billion, CEO pleads guilty to not stopping money laundering

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