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Full Version: US Crypto king resigns: Binance CEO pleads guilty, company hit with $US4.3b
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Binance agreed to plead guilty to criminal charges and pay over $US4.3 billion ($6.6 billion) in penalties. Zhao, who agreed to step down and pay a $US50 million fine as part of the settlement, appeared in court in Seattle to plead guilty. 

The deal, which includes the Treasury Department and the Commodity Futures Trading Commission, ends a years-long investigation into the cryptocurrency exchange.

https://www.theage.com.au/business/compa...5eltg.html
https://www.nytimes.com/video/us/1000000...tion=click>ype=vhs&version=vhs-heading&module=vhs®ion=title-area&cview=true&t=2