US judge signs off on Binance, former chief's plea deals with DOJ -court filings


FILE PHOTO: Zhao Changpeng, founder and chief executive officer of Binance speaks during an event in Athens, Greece, November 25, 2022. REUTERS/Costas Baltas/File Photo

NEW YORK (Reuters) - U.S. District Judge Richard Jones in Seattle on Wednesday signed off on plea deals agreed by U.S. prosecutors, Binance Holdings and its former chief Changpeng Zhao, according to court documents.

In November, Binance agreed to pay over $4.3 billion and pleaded guilty to breaking U.S. anti-money laundering and sanctions laws. Zhao also pleaded guilty and awaits sentencing in February.

(Reporting by Chris Prentice)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Tax-free status of movie, music and games traded online is on table as WTO nations meet in Abu Dhabi
Firefighter caught filming 14-year-old girl showering and is arrested, US cops say
Tech activists write code to save migrants in the Mediterranean
India's 'insourcing' boom does not spell doom for outsourcing, tech execs say
Air-taxi plan for Paris at risk of missing Olympics deadline
Mexican president slams YouTube for taking down his video that shared a journalist's phone number
China makeup artist recreates youth, takes years off actor, 57, transforms ordinary women into cover girls, becomes smash hit online
MWC 2024: Smartphone makers bet on AI to revive sales
Ookla president: Malaysia's top spot on 5G consistency score well-deserved
DeepMind chief says Google’s bungled AI faces feature is returning soon

Others Also Read