Tag: binance cryptocurrency exchange

Binance CEO Changpeng Zhao to Terraform Labs’ Do Kwon: The fallen kings of crypto
Technology

Binance CEO Changpeng Zhao to Terraform Labs’ Do Kwon: The fallen kings of crypto

[ad_1] Binance boss Changpeng Zhao has become the most powerful cryptocurrency figure to fall in a two-year period chaotic even by the standards of the notoriously volatile industry.Zhao stepped down as CEO of Binance -- the largest crypto exchange in the world -- after he and the company pleaded guilty on Tuesday to sweeping US money laundering violations and agreed to fines of more than $4 billion. Here are three of the highest-profile crypto executives who have fallen foul of the law since last year: - Changpeng 'CZ' Zhao -Born in China in 1977, Zhao moved with his family to Canada in the 1980s and later got a degree in computer science from McGill University, according to his profile in the Bloomberg Billionaires Index.He founded Binance in 2017 in Shanghai, and led the company's ex...