Binance’s CZ pleads guilty to violating anti-money laundering requirements—WSJ
Binance founder Changpeng “CZ” Zhao has agreed to step down as CEO of the crypto exchange as the U.S. Department of Justice (DOJ) prepares to announce that it’s secured a $4.3 billion settlement with the company.
According to The Wall Street Journal, CZ intends to plead guilty to several charges levied by the DOJ. He’s scheduled to appear in a federal court in Seattle Tuesday afternoon, where he will enter his plea, the Journal said. The report also indicates that he will plead guilty to “one…