🔰A US district judge has accepted a guilty plea from former Binance CEO Changpeng Zhao to charges related to anti-money laundering violations.

Judge Richard Jones accepted Zhao's guilty plea on Wednesday, according to a court filing in the U.S. District Court for the Western District of Washington in Seattle.

Zhao, also known as CZ, last month pleaded guilty to anti-money laundering and sanctions violations following a years-long investigation by federal regulators. Binance agreed to pay $4.3 billion in one of the largest corporate settlements in history. Zhao agreed to pay a $50 million fine and step down as CEO.

Zhao also stepped down as chairman of Binance.US' board of directors last week, effectively removing his influence from Binance.US governance and making his interest in the exchange's US arm “purely economic.”

Zhao has been active at X since stepping down as CEO of Binance and pleading guilty. Over the past week, he's posted about his lunch, reposted new Binance CEO Richard Teng and talked about taking risks.

“10 years ago today, I quit my job, sold my house, and went #bitcoin,” Zhao wrote. "No, I'm not saying you should do the same. A lot of people ask, how could you take such a risk? Me, I know I could easily get a job... Everyone's risk profile is different. Learn risk management."

#BinanceTournament #BTT #DOGE #HNT #ORDI

👉Follow, Like, Comment & Share 💖