A person familiar with the matter revealed that Zhao Changpeng, the CEO of the world's largest cryptocurrency exchange, plans to resign from the company and acknowledge the violation of the criminal regulations on anti -money laundering in the United States.
The Wall Street Journal of the United States quoted on Wednesday (November 22) that people familiar with the matter reported that Zhao Changpeng was scheduled to be guilty in the Seattle Federal Court on Tuesday (21st).Binance will acknowledge a criminal allegations and agree to pay a fine of 4.3 billion US dollars (the same, S $ 5.7 billion), including civil allegations and reconciliation proposed by regulators.
It is reported that this agreement will end long -term investigations against Binance and may also keep the company's ability to continue operations.
Zhao Changpeng founded Binance in 2017 and developed it into the most important center of the global cryptocurrency market, but the criminal investigation against Binance brought a shadow to the company.Because it is difficult for the company to deal with US surveys, Binance has fired a large number of employees this year, and recently there are senior executives.
According to the Bloomberg News on Monday (November 20), the US Department of Justice is seeking funds of more than $ 4 billion to solve the growth of money laundering, bank fraud and violation of sanctions.A few years of investigation.
Zhao Changpeng was born in China, moved to Vancouver at the age of 12, and became a Canadian citizen.He has a computer science degree from McGill University. After graduation, he began to work in the construction of a trading system. He also worked for a period of time at Bloomberg's parent company Blowberg LP.
Zhao Changpeng operated his own software company in Shanghai in 2013. At that time, he found Bitcoin in a poker game.After the work of cryptocurrency Blockchain.info and Okcoin, he founded Binance with the chief marketing officer in 2017 and had a child with her.
