The post Changpeng Zhao Granted Bail at $175M, What Awaits Him in February’s High-Stakes Sentencing? appeared first on Coinpedia Fintech News
Changpeng Zhao, the founder and former CEO of Binance, pleaded guilty to violations of the Bank Secrecy Act in a federal court earlier this week. This plea comes after allegations from federal officials that Zhao allowed U.S. customers to use Binance without conducting necessary know-your-customer or anti-money laundering checks. Guilty Plea and Release Conditions As …
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