Guilty: Binance founder Changpeng Zhao The world of crypto has been plunged into deeper crisis as a second tycoon is convicted of criminal charges. Changpeng Zhao, founder of Binance, the world's largest cryptocurrency exchange, has resigned after admitting anti-money laundering failures. He will pay a £40million fine and be barred from any involvement in Bi...
Former Binance chief Changpeng Zhao has been ordered not to leave the US after pleading guilty to violating anti-money laundering laws. The founder of the world's largest crypto currency exchange previously agreed to a deal to step down from the company after pleading guilty to violating anti-money laundering rules in a deal that came with $4.3billion in fin...