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What former Binance CEO's money laundering conviction could mean for crypto crime

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Content provided by Soundside and KUOW News. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Soundside and KUOW News or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
This week a Seattle federal court sentenced Changpeng Zhao -- founder and former CEO of the world's largest cryptocurrency exchange, Binance -- to four months in prison. In contrast to the high-profile case of FTX CEO Sam Bankman-Fried, who used his crypto exchange to defraud billions of dollars from its users, Zhao pled guilty to not doing more to prevent money laundering on his exchange.
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703 episoade

Artwork
iconDistribuie
 
Manage episode 416091346 series 3303135
Content provided by Soundside and KUOW News. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Soundside and KUOW News or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
This week a Seattle federal court sentenced Changpeng Zhao -- founder and former CEO of the world's largest cryptocurrency exchange, Binance -- to four months in prison. In contrast to the high-profile case of FTX CEO Sam Bankman-Fried, who used his crypto exchange to defraud billions of dollars from its users, Zhao pled guilty to not doing more to prevent money laundering on his exchange.
  continue reading

703 episoade

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