Crypto CasinosNewsBinance CEO Pleads Guilty to Money Laundering Charges, Pays $4.3B Fine

Binance CEO Pleads Guilty to Money Laundering Charges, Pays $4.3B Fine

Last updated: 27.11.2023
Natasha Fernandez
Published by:Natasha Fernandez
Binance CEO Pleads Guilty to Money Laundering Charges, Pays $4.3B Fine image

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On Tuesday, Zhao pleaded guilty for breaking anti-money laundering laws in the U.S. and stepped down as Binance's CEO. The exchange, meanwhile, pleading guilty to multiple criminal and civil charges, while agreeing to pay $4.3 billion in penalties, among the largest corporate fines in the history of the U.S. Department of Justice.

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Natasha Fernandez
Natasha Fernandez
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Natasha "CryptoQueen" Fernandez bridges the gap between blockchain buzz and casino charisma. From New Zealand's serene landscapes to the volatile world of crypto, she's making waves in the online gaming sphere. With CryptoCasinoRank, she paints a future where chips meet chains seamlessly.More posts by author