Binance Pleads Guilty in $4.3B Money Laundering Case, Largest Criminal Penalty in US History
- Judge approves Binance's $4.3 billion plea deal for money laundering and sanctions violations
- One of the largest criminal penalties in US history
- Former CEO Changpeng Zhao pleaded guilty to federal charges, leading to his resignation
- Binance admitted role in violations as part of deal with US agencies
- Called case where "ethics of the company were compromised by greed"