Binance, the world’s leading cryptocurrency exchange, finds itself entangled in a legal storm as it faces three serious criminal charges. Adding to the shock, Changpeng Zhao (CZ), the CEO of the company, has resigned and pleaded guilty in a Seattle federal court in connection with the charges.
The Securities and Exchange Commission first sued Binance and Zhao in June, accusing the crypto exchange of operating illegally in the US while defrauding investors. The agency also attempted to…
