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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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Tags: Binance,Changpeng Zhao,money laudering,Sanctions
Link: Seattle Judge Accepts Former Binance CEO Changpeng Zhao's Guilty Plea [Copy]

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