Changpeng Zhao, also known as CZ, pleaded guilty to a felony related to his failure to prevent money laundering on the Binance platform and resigned as CEO. This development follows the conviction of FTX founder Sam Bankman-Fried for defrauding customers. Bankman-Fried is currently in prison and has adapted to using mackerel as currency. He shares a dormitory with other notable inmates and trades mackerel pouches for services. Bankman-Fried initially struggled with the jail’s lack of vegan options.
Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News