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Seattle Judge Accepts Former Binance CEO Changpeng Zhao's Guilty Plea

Katie Lin

Summary: Judge Richard Jones has accepted a guilty plea from former Binance CEO Changpeng Zhao, according to a court filing in the U.S. District Court for the Western District of Washington in Seattle.  Zhao pleaded guilty last month to anti-money laundering and sanctions violations. Binance agreed to pay $4.3 billion in one of the largest corporate ...

Judge Richard Jones has accepted a guilty plea from former Binance CEO Changpeng Zhao, according to a court filing in the U.S. District Court for the Western District of Washington in Seattle. 

Zhao pleaded guilty last month to anti-money laundering and sanctions violations. Binance agreed to pay $4.3 billion in one of the largest corporate settlements in history. Zhao agreed to pay a $50 million fine and resigned as Binance CEO.

Author: Katie Lin

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Link: Seattle Judge Accepts Former Binance CEO Changpeng Zhao's Guilty Plea   [Copy]
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