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The Register
3 years ago
Binance and CEO admit financial crimes, billions coughed up to US govt
Helped crooks launder cash, aided sanctions evaders, say officials The world's largest cryptocurrency exchange just got a little smaller, with the US Department of Justice announcing Binance and its CEO Changpeng Zhao have both pleaded guilty to a multitude of financial crimes. As a result Binance will fork out $10 billion to Uncle Sam in fines and settlements.…