MADRID, 21 Nov. (EUROPA PRESS) –
Binance CEO Changpeng Zhao will resign as part of a deal with the US government that includes him and the company pleading guilty to money laundering charges and paying a $50 million fine. .9 million euros) for Zhao and 4.3 billion dollars (3.943 million euros) for Binance.
According to The Wall Street Journal, Zhao will resign from his position and admit his guilt for money laundering, for which he will also pay a fine after agreeing with the Treasury Department and the Commodity Futures Trading Commission. of the United States.
The charges against Binance were formally presented last March and, after two years of investigation, the North American authorities determined that the company had not registered as an operator, a necessary requirement to carry out the purchase and sale of cryptocurrencies in the United States.
According to the court, between August 2017 and October 2022, Binance and Zhao engaged in a “calculated and deliberate effort” to operate in the United States without respecting relevant regulatory standards. Likewise, Binance would have “instructed” its clients in the country to evade the controls that the company itself intended to implement to “prevent and detect violations of the legislation.”
These investigations are part of the growing zeal that US agencies are applying to cryptocurrency platforms to avoid fraudulent and illicit behavior.
