Lee Duna@lemmy.nz to

Technology@lemmy.worldEnglish · 1 year ago

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

cross-posted to:
[email protected]

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

Lee Duna@lemmy.nz to

Technology@lemmy.worldEnglish · 1 year ago

cross-posted to:
[email protected]

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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