Cryptocurrency

How crypto became out of reach of the commons

What’s happening? Binance, the world’s largest cryptocurrency exchange, has agreed to pay $4.3 billion to settle a U.S. government investigation into its anti-money laundering (AML) practices. The company’s founder and CEO, Changpeng Zhao, has also stepped down and pleaded guilty to violating U.S. anti-money laundering laws.[1] The settlement comes after a years-long investigation by the […]