Lee Duna@lemmy.nz to

Technology@lemmy.worldEnglish · 1 year ago

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

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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

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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magic_lobster_party@kbin.social
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1 year ago
$4 billion in fines? Let’s see how liquid Binance really is.
- Lung@lemmy.world
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  1 year ago
  “friends with the UAE” level liquid, apparently
  - magic_lobster_party@kbin.social
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    1 year ago
    I hate you might be right.

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