BBCNEWS Asia July 3, 2024
Pleaded guilty to one count of violating the banks secrecy act, Resolving A Multi Investigation by the Us Government into the well� s largest cryptocurrency exchange, binance. As part of that agreement he also stepped down as ceo. The founder apologised to the court in seattle, saying his company had now put in place anti Money Laundering controls. It was watched by his mother and sister who were in court as he learned his fate. The sentence was considerably shorter than the three years prosecutors were demanding and less than the 1218 were demanding and less than the 12 18 months recommende...