JUST IN: Binance To Pay $4.3bn Fine As CEO Changpeng Zhao Pleads Guilty In US Court

Binance Founder and Chief Executive Officer, Changpeng Zhao, on Tuesday pleaded guilty and has agreed to step down from his role.

Binance which is the world’s largest crypto exchange, will be ordered to pay $4.3bn to settle multiple criminal violations uncovered by the U.S. Department of Justice (DOJ), according to report.