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Binance

Former SEC Official Says Changpeng Zhao is Going to Jail, Binance and CZ’s Guilty Plea “Was Expected”

Coinpedia
Coinpedia 2 weeks +

Changpeng Zhao “CZ,” CEO of Binance, the largest global cryptocurrency exchange, has pleaded guilty to criminal charges brought by the U.S. Department of Justice. According to John Reed Stark, a former chief at the SEC’s Office of Internet Enforcement, this significant legal twist was anticipated.

John Stark: “A Predictable Outcome”

Stark commented that CZ’s resignation and subsequent guilty plea were not surprising. The high-profile CEO reportedly appeared in a Seattle federal…

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