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Binance CEO Zhao to step down after pleading guilty to anti-money laundering crime; agrees to pay $4.3B fine

In a swift turn of events, just a day after the U.S. Justice Department charged the world’s largest crypto exchange, Binance, with money laundering and bank fraud, the co-founder and CEO, Changpeng Zhao (CZ), has agreed to step down, according
The post Binance CEO Zhao to step down after pleading guilty to anti-money laundering crime; agrees to pay $4.3B fine first appeared on TechStartups.

In a swift turn of events, just a day after the U.S. Justice Department charged the world’s largest crypto exchange, Binance, with money laundering and bank fraud, the co-founder and CEO, Changpeng Zhao (CZ), has agreed to step down, according […]

The post Binance CEO Zhao to step down after pleading guilty to anti-money laundering crime; agrees to pay $4.3B fine first appeared on TechStartups.

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