The founder of the world's largest crypto exchange has stepped down - and pleaded guilty to breaking anti-money laundering laws. Changpeng Zhao's shock departure from Binance comes as part of a $4bn settlement that has been reached with US regulators. It is the culmination of a multi-year investigation into the...
FTX co-founder and former head of hedge fund Alameda Research plead guilty to multiple charges and are cooperating with justice
Two high-ranking executives linked to the crashing cryptocurrency exchange FTX have pleaded guilty to multiple criminal charges and are cooperating with federal prosecutors, according to declassified court records. Gary Wang, former co-founder of FTX, and Caroline Ellison, former CEO of hedge fund Alameda Research and girlfriend of Sam Bankman-Fried, have...