Day: January 2, 2024

What Happened to Binance?

An Unprecedented Settlement In a landmark decision, Binance CEO Changpeng Zhao, also known as CZ, stepped down and pleaded guilty to violating US anti-money laundering laws. The resulting US$4.3 billion settlement, of which CZ will have to pay US$50 million personally, signifies one of the largest corporate penalties in US history, casting a long shadow […]

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