#BinanceLaunchpool #chang_peng_zhao Changpeng Zhao, Founder of Binance, Accepts Responsibility and Apologizes for Compliance Failures

In a letter to the court, Changpeng Zhao, the founder of Binance, expressed remorse for his poor decisions and took full responsibility for his actions. "I fully acknowledge my failure to implement adequate compliance controls at Binance, and there is no excuse for my oversight," he stated. Zhao assured the court that this experience would be a singular encounter with the criminal justice system and expressed his desire to move forward and support innovative biotechnology startups and empower youth initiatives in the future.