Founder of Binance Sentenced to Prison for Money Laundering
Changpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange, has been sentenced to four months in prison in the United States. The sentence comes as a result of allowing criminals to launder money on his platform.
Zhao resigned from his position at Binance in November and pleaded guilty to violating US money laundering laws. The guilty plea was part of an investigation that found .....