Changpeng Zhao, founder of the world’s largest cryptocurrency exchange, was sentenced Tuesday to four months in prison for looking the other way as criminals used the platform to move money connected to child sex abuse, drug trafficking and terrorism.
Binance founder Changpeng Zhao to plead guilty, step down
Binance chief Changpeng Zhao was expected to plead guilty in U.S. District Court in Seattle on Tuesday, to criminal charges.