Binance CEO Changpeng Zhao has agreed to step down from his role at the world’s largest crypto exchange as part of a settlement with the U.S. Department of Justice.
He also plans to plead guilty to violating criminal U.S. anti-money-laundering requirements that would potentially allow the exchange to keep operating, people familiar with the matter have told Bloomberg.
The DOJ said earlier today that it will hold a press conference at 3 p.m. ET to provide further details about the crypto…