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Binance To Pay $4.3 Billion To Settle Criminal Charges As CEO Zhao Pleads Guilty, Steps Down

Published: November 21, 2023

The world's largest crypto exchange, Binance, has been fined $4.3 billion and its CEO Changpeng Zhao has agreed to step down due to a lack of anti-money laundering compliance.

Source: investopedia.com

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United StatesChangpeng ZhaoRostin BehnamRichard TengJanet YellenJustice DepartmentDepartment Of JusticeBank SecrecyUs Department Of JusticeExchange CommissionBank Secrecy ActKnow Your CustomerSecretary Janet YellenGeneral Merrick GarlandDoes This Mean For BinanceGlobal HeadRegional Markets Richard TengVaneck HeadDigital Asset Research Matt Sigel