The price of Binance’s BNB token plunged Tuesday upon reports that the leading cryptocurrency exchange and its CEO and founder Changpeng Zhao (aka “CZ”) plan to plead guilty and pay a sizable fine to settle charges from the United States Department of Justice.
BNB has fallen 8% in the last hour after posting earlier gains, and currently sits at a price of about $240 as of this writing. It’s also down 8% on the day, per data from CoinGecko, and has fallen the sharpest of the leading…
