Binance CEO Resigns and Company Settles $4.3 Billion Money Laundering Case
Binance, one of the largest cryptocurrency exchanges, and its CEO, Changpeng Zhao, have admitted to money laundering violations. This has resulted in a significant legal settlement of $4.3 billion and Zhao’s resignation. The company is facing accusations of enabling transactions for terrorist groups and users in sanctioned countries. The allegations include facilitating transactions with ransomware […]