Margherita
Fri Jun 07 2024
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7 answers
1211
Why is Binance banned in the US?｜US's majority beneficial owner and control person, Changpeng Zhao, plead guilty to felony charges stemming from his willful violations of U.S. anti-money laundering and sanctions law. , the Division has revoked Binance.Due to the nature of the felonies committed by Zhao
Could you elaborate on the reasons behind Binance's ban in the United States? It seems that Changpeng Zhao, the majority beneficial owner and control person of the platform, has pleaded guilty to serious criminal charges related to his willful breaches of U.S. anti-money laundering and sanctions laws. Could you provide more details on how these violations led to the revocation of Binance's operations in the country? And what specific aspects of the felonies committed by Zhao necessitated such a strict measure?
