Binance Agrees to Pay About $4.3 Billion in Fines and Accept Oversight
On November 21, 2023, Binance pleaded guilty and agreed to pay the United States about $4.3 billion, while Changpeng Zhao resigned as CEO and pleaded guilty.
On November 21, 2023, Binance pleaded guilty and agreed to pay the United States about $4.3 billion, while Changpeng Zhao resigned as CEO and pleaded guilty.
On November 21, 2023, Changpeng Zhao pleaded guilty to money laundering charges at a Seattle federal court, agreeing to pay a $50 million fine and resign as CEO of Binance, while Binance agreed to pay $4.3 billion.