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What happened to Binance CEO Changpeng Zhao?

A yearslong federal investigation into Changpeng Zhao, its co-founder and then-CEO, resulted in Binance paying billions of dollars in fines and Zhao stepping down as CEO. He pleaded guilty to violating anti-money laundering laws and now faces possible prison time.

Who is Binance co-founder He Yi?

Binance founder Changpeng Zhao has called co-founder He Yi “one of the hardest working people” he knows.

Who is Binance founder Changpeng Zhao?

After pleading guilty to a money-laundering violation in November, Changpeng Zhao, the founder of the cryptocurrency exchange Binance, did not sit still. A federal judge denied his request to return home to Dubai, but Mr. Zhao, 47, was free to roam the United States.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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