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Inside Binance’s Guilty Plea and the Biggest Fine in Crypto History – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services

Inside Binance’s Guilty Plea and the Biggest Fine in Crypto History

Inside Binance’s Guilty Plea and the Biggest Fine in Crypto History

Updated Nov. 22, 2023 1:19 pm ET

The king of crypto’s largest outlaw empire told employees for years that he would never turn himself in. But on Tuesday, a jittery Changpeng Zhao showed up in a Seattle federal court to plead guilty to violating U.S. money-laundering rules.

“I’ve not caused problems before, I’ve never been a criminal. And I’ve never been into a courthouse before. So this is new to me,” Zhao told a judge.

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