Binance founder Changpeng Zhao will reportedly step down as the crypto exchange’s CEO and admit to violating US anti-money laundering laws.
Zhao will plead guilty to criminal charges while Binance, the largest crypto exchange in the world, will agree to pay $4.3 billion in fines to US regulators, the Wall Street Journal reports.
Citing people familiar with the matter, WSJ says the crypto billionaire will enter his plea to a Seattle court this afternoon in a deal that may allow Binance to…
