Washington | Binance Holdings and CEO Changpeng Zhao have pleaded guilty to criminal charges for anti-money laundering and US sanctions violations, including allowing transactions with Hamas and other terrorist groups, under a sweeping deal with the Justice department designed to keep the company operating.
Binance agreed to plead guilty to criminal charges and pay over $US4 billion ($6.1 billion) in penalties. Mr Zhao, who agreed to step down and pay a $US50 million fine as part of the settlement, appeared in court in Seattle on Tuesday (Wednesday AEDT) to plead guilty.
