Founder and CEO of Binance, Changpeng Zhao has stepped down from his position after pleading guilty to violating US anti-money laundering laws. The most influential figure in the crypto industry Zhao will pay a $50 million fine and end his journey with the world’s largest cryptocurrency exchange, Binance.

Who is Changpeng Zhao, ex-Binance CEO who quit after pleading guilty to money laundering violations

The world's biggest crypto exchange Binance and its CEO and founder Changpeng Zhao were sued by the US Commodity Futures Trading Commission (CFTC) on Monday for operating what the regulator alleged were an "illegal" exchange and a "sham" compliance program.

US regulator sues top crypto exchange Binance, CEO for 'willful evasion'

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Who is Changpeng Zhao, ex-Binance CEO who quit after pleading guilty to money laundering violations

US regulator sues top crypto exchange Binance, CEO for 'willful evasion'