Thursday , 25 July 2024
Home Business Inside Binance’s Guilty Plea and the Biggest Fine in Crypto History
Business

Inside Binance’s Guilty Plea and the Biggest Fine in Crypto History


Updated Nov. 22, 2023 4:18 pm ET

The king of crypto’s largest outlaw empire told employees for years that he would never turn himself in. But on Tuesday, a jittery Changpeng Zhao showed up in a Seattle federal court to plead guilty to violating U.S. money-laundering rules.

“I’ve not caused problems before, I’ve never been a criminal. And I’ve never been into a courthouse before. So this is new to me,” Zhao told a judge.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8



Source link

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Business

The statue that moved — and the cousin I never knew

In July 1985, a number of Irish religious statues began to move. There...

Business

Think Clothes Were ‘Better’ 50 Years Ago? Our Investigation Might Surprise You

LATE LAST YEAR, old trench coats began trending on X (formerly known...

Business

The ‘Happy Dream’ of Running a Circus

When people ask me what I do for a living, and I...

Business

US carries out second strike against Houthis

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT,...