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Cryptocurrency News Video
Binance Coin Owner Arrested, What's The Reason? | World news
May 03, 2024 at 03:12 am Sakal (सकाळ)
#binance #cryptonews #sakal
Changpeng Zhao, the founder of Binance, the world's richest crypto exchange, has been sentenced to 4 months in prison. It has been accused of trading on its exchange by cybercriminals and terrorist groups. Changpeng Zhao, 47, arrived at court wearing a black suit and blue tie. He was surrounded by lawyers. Zhao's mother and sister sat in the courtroom and watched the hearing.
Binance is the world's largest crypto exchange. This exchange has the highest crypto assets at $65 billion. Its founder is Changpeng Zhao. According to Forbes, Zhao's net worth is $3300 crore, which is about Rs 2.75 lakh crore.
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