Title: Binance Founder Pleads Guilty to Money Laundering Source:
[None] URL Source:[None] Published:Nov 24, 2023 Author:NY Times ~ behind Paywall Post Date:2023-11-24 16:01:33 by Lod Keywords:None Views:146 Comments:3
Binance Founder Pleads Guilty to Violating Money Laundering Rules
Changpeng Zhao will pay a $50 million fine and step down as chief executive of the company he created, the latest blow to the crypto world since the implosion of FTX last year.
Wow, steps down from his job, pays a 50 million dollar fine. I guess nothing else has to happen and he walks away with millions in stolen money.
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