Binance CEO Changpeng Zhao Resigns From Post, Pleads Guilty to Violating Criminal US Anti-money Laundering Rules

Binance CEO Changpeng Zhao is reportedly ready to resign and has agreed to plead guilty after facing criminal charges from US authorities for breaching anti-money laundering rules. Sources say this could help the world’s biggest crypto exchange stay in business. More details are awaited. Binance US CEO Brian Shroder Resigns as Blockchain and Cryptocurrency Platform Cuts One-Third of its Staff.

Binance CEO Changpeng Zhao Resigns

BREAKING: Changpeng Zhao resigns as Binance CEO and pleads guilty.

— The Spectator Index (@spectatorindex) November 21, 2023

Changpeng Zhao Steps Down as Binance CEO 

Today, I stepped down as CEO of Binance. Admittedly, it was not easy to let go emotionally. But I know it is the right thing to do. I made mistakes, and I must take responsibility. This is best for our community, for Binance, and for myself.

Binance is no longer a baby. It is…

— CZ 🔶 Binance (@cz_binance) November 21, 2023

(SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter (X), Instagram and Youtube. The above post is embeded directly from the user's social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY does not assume any responsibility or liability for the same.)