Binance CEO Changpeng Zhao Reportedly Quits and Pleads Guilty to Breaking US Law
Binance chief executive Changpeng Zhao is stepping down as part of a settlement with the US Department of Justice, according to reports. The Wall Street Journal reports that Zhao will plead guilty to violating anti-money-laundering rules, and the crypto exchange will pay more than $4 billion in fines. A source with knowledge of the company’s…