Canada crypto exchanges get more time for stablecoin compliance
According to a previous Forbes report, Zhao and Binance collectively hold 71% of the roughly 146 million BNB tokens in circulation.
Binance founder and former CEO Changpeng “CZ” Zhao is the wealthiest person to serve jail time in the US, with current net worth estimated more than $60 billion.
He served four months in federal prison for charges including alleged violations of United States Anti-Money Laundering rules.
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