The CEO of Binance, Changpeng Zhao, commonly known as CZ, is set to step down from his role from the company as he plead guilty to money laundering violations, according to the Wall Street Journal. Binance, as a company, will also plead guilty and pay $4.3 billion fine. 👀
https://bitcoinmagazine.com/business/worlds-largest-bitcoin-crypto-exchange-binance-founder-cz-to-resign-as-ceo-plead-guilty
He has that in his couch cushions.
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i am assuming they'll be selling their BNB shitcoin to pay this.
Oh, SNAP!
I'll bet you're right.
And a lot of his wealth is tied up in that too.
So he takes a hit regardless.
