Largest Crypto Exchange Binance Fined $4 Billion, CEO Pleads Guilty To Not Stopping Money Laundering
The U.S. government dealt a massive blow to Binance, the worldβs largest cryptocurrency exchange, which agreed to pay a roughly $4 billion settlement Tuesday as its founder and CEO Changpeng Zhao pleaded guilty to a felony related to his failure to prevent money laundering on the platform.
