Binance founder and CEO Zhao to step down, plead guilty - report

Nov. 21, 2023 12:40 PM ETBinance Coin USD (BNB-USD) CryptoBy: Sinchita Mitra, SA News Editor40 Comments
Securities And Exchange Commission Sues Large Cryptocurrency Exchanges, Binance And Coinbase

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  • Cryptocurrency exchange Binance's founder and CEO Changpeng Zhao has agreed to step down and plead guilty to allegedly violating criminal U.S. anti-money laundering requirements, The Wall Street Journal reported, citing people familiar with the matter.
  • BNB down 8.37% at $238.8 at 1:41 p.m. ET.

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