Binance CEO Changpeng Zhao pleads guilty to money laundering violation, steps down

The world's largest crypto exchange will also pay a $4.3 billion fine.

It looks like November hasn’t been such a great month for anyone who ran a large, global cryptocurrency exchange.

Changpeng Zhao, better known to the cryptocurrency industry as “CZ,” is stepping down as the CEO of Binance, the largest crypto exchange in the world. Along with leaving Binance, CZ will also …

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