Binance Founder Changpeng Zhao Pleads Guilty to Money Laundering Violations

Under the deal, Changpeng Zhao will pay a $50 million fine and step down as chief executive of the company he created, the latest blow to the crypto world since the implosion of FTX last year.

source https://www.nytimes.com/2023/11/21/technology/binance-changpeng-zhao-pleads-guilty.html