Binance clients withdraw $1 billion after money laundering charges
7 months ago
12
The world's largest crypto currency exchange, Binance, has lost more than $1 billion dollars in the first 24 hours since its founder pleaded guilty to federal money laundering charges.
Changpeng Zhao, one of the most influential figures in crypto, could also be facing jail time.
The company has been hit by a record fine of more than $4 billion, and since the news broke many customers of Binance have been withdrawing their money from the exchange.
The US Justice Department said Binance had helped users bypass sanctions across the world.
Loading comments...
-
1:02
B.C. Begley
1 month agoBinance founder Changpeng Zhao sentenced to 4 months for allowing money laundering
56 -
0:19
Crypto News, Trending Alt coins
1 month agoBinance Founder CZ Sentenced to 4 Months in Jail for Money Laundering
9 -
0:59
BitcoinCapitalist
7 months agoCZ out at Binance and can still face criminal charges
-
2:18
BitcoinCapitalist
7 months agoCZ out at Binance and can still face criminal charges
-
0:57
Newsline World
7 months agoBinance CEO Changpeng Zhao resigns, pleads guilty to money laundering
-
11:17
Today in Web 3
6 months agoNov 28: Binance Saga Unfolds: CZ's Resignation, $1B Outflows, $4B Tether Settlement
2 -
0:37
Cryptostreets
3 months agoBinance Slapped with a $10 Billion Fine by Regulatory Authorities
19 -
1:33
Newsline World
7 months agoBinance CEO Changpeng Zhao resigns, pleads guilty to money laundering
1 -
2:20
BtyeZign
1 month agoBinance Founder Could Face 3 years in Prison
1 -
21:19
BTDcrypto
1 month ago📢 BINANCE: FOMO or Wait?! [prediction, strategy, and analysis]👀 Buy BNB now?
311