Changpeng Zhao has stepped down as head of the world's top crypto exchange in a plea agreement with prosecutors Binance Holdings Ltd. and its Chief Executive Officer Changpeng Zhao are set to plead guilty to criminal and civil charges in a deal brokered with the Justice Department on Tuesday, according to the Wall Street Journal. As part of the settlement, Zhao will step down from his position and acknowledge violations of anti-money laundering requirements. The agreement spans multiple regulatory bodies, including the Treasury Department and the Commodity Futures Trading Commission. This resolution enables Binanc
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