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Binance to pay $4.3B in fines and CEO ‘CZ’ to step down, plead guilty to anti-money laundering charges (techcrunch.com)

submitted 11 months ago by [email protected] to c/[email protected]

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Binance to pay $4.3B in fines and CEO ‘CZ’ to step down, plead guilty to anti-money laundering charges::It’s been an eventful week for crypto exchanges and the U.S. government. Changpeng Zhao, also known as “CZ,” the founder and CEO of Binance, is stepping Binance to pay $4.3B in fines and CEO ‘CZ’ to step down and plead guilty to anti-money laundering charges

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[–] [email protected] 5 points 11 months ago

Well I’d put it on a wool or a delicates cycle myself, sounds like things might get a bit weird if it has too much spin on it