Technology@lemmy.worldEnglish • 1 year ago

Binance CEO Changpeng Zhao Reportedly Quits and Pleads Guilty to Breaking US Law

cross-posted to:
technology@lemmit.online

246

Binance CEO Changpeng Zhao Reportedly Quits and Pleads Guilty to Breaking US Law

Technology@lemmy.worldEnglish • 1 year ago

cross-posted to:
technology@lemmit.online

Changpeng Zhao, also known as CZ, will reportedly step down and plead guilty to violating money laundering requirements as part of a DOJ settlement. The company will also pay $4.3bn in fines.

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nicetriangle
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32•1 year ago
lol this is good for bitcoin or something

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