Despite Pleading Guilty To Money Laundering, Binance CEO Tops 2024 Crypto Billionaires List

Despite pleading guilty to money laundering in November 2023, the founder and former Chief Executive Officer (CEO), of crypto exchange Binance, Changpeng Zhao has retained the crypto wealthiest person by Forbes.

Recall that Zhao faced federal money laundering charges brought by the Department of Justice and the Commodity Futures Trading Commission and agreed to pay $200m in fines last year as part of a settlement.