CZ Resigns from Binance.US Board, Pleads Guilty in Settlement with U.S.
- Changpeng Zhao stepping down as chair of Binance.US board
- This follows $4.3B settlement between Binance, CZ, and U.S. officials
- Zhao pleads guilty to one felony count for inadequate AML program at Binance
- Zhao faces up to 18 months in prison, awaiting sentencing
- Binance.US faces separate SEC lawsuit filed in June against exchange, Binance, and CZ