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

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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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@n3m37h@lemmy.world
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- magic_lobster_party
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  13•1 year ago
  $4 billion in fines? Let’s see how liquid Binance really is.
  - Lung
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    9•1 year ago
    “friends with the UAE” level liquid, apparently
    - magic_lobster_party
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      3•1 year ago
      I hate you might be right.
- ripcord
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  2•1 year ago
  Or use reader mode on Firefox or any of a bunch of browserd
  - @n3m37h@lemmy.world
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