Podknife - The Fall of (Another) Crypto King by The Journal.

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The Fall of (Another) Crypto King

Podcast |: The Journal.
Publisher |: Gimlet,; The Wall Street Journal
Media Type |: audio
Podknife tags |: Business,; Business News,; News & Politics
Categories Via RSS |: Business News,; Daily News,; News
Publication Date |: Nov 27, 2023
Episode Duration |: 00:20:45

Changpeng Zhao built Binance into the world’s largest cryptocurrency exchange, and became one of the faces of crypto in the process. Last week, he appeared in federal court and pleaded guilty to violating U.S. anti-money-laundering laws and agreed to step down as CEO. WSJ’s Patricia Kowsmann explains what the deal means for Zhao, Binance, and the future of crypto itself. Further Listening: - The Trial of Crypto’s Golden Boy - A Crypto Exchange Crackdown - The Rise of Binance - And The Effort to Reel It In Further Reading: - Inside Binance’s Guilty Plea and the Biggest Fine in Crypto History - The World’s Biggest Crypto Firm Is Melting Down Learn more about your ad choices. Visit megaphone.fm/adchoices

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