Largest crypto exchange Binance fined $4B, CEO pleads guilty to not stopping money laundering

Please subscribe to IBJ to decode this article.

ndnth.unegnr ep i i, e dv hyctt rEcunbntay leismrg gol hosueyt ehwa fc.assovllroea tanrar a' enO xi ea.gaal,ro aetopbrghyimr$ eaaltds ct eeniintyh Ttle pdfoitae muon BtsieuCgCUl pee erThoea4aypfogosnS olte dvrdrrtylsrancoednu nudondohcgtlstaeli y aladegepe heenleomtZthewwlo nfm

annotaeoppirteieAno nethexsrtteatrs ctiai duipiswcfaifmlc gptiao ufalptc noero,dsmu rlcfde eroam u riastsc u ogpvyet sslinnm inva tanhZsoSegBogofnmrl ridihnv cce dadp osaice tihpptr setnsioontioBsdoo ao n annytmkceia pe' nsc teaasnr .

i pp wtyy" rssr,retlcns pehaeo noo cn snteh.ehoarb et t hg rolrsd tgnl orndrrUtmmeel kkrUaeott .oioa,aeaeytim rta'nau nshnrtantelynieiio t ft khAlieecc .e deeMeusealyn nio ogteoial Gwstiie rS os atmataal"hlaodo s wke ncud,G

mef e"ieunaaoUtteiisd aaoraihyi adA r smitapeid ftensjgtnx eteSerimnoi teeei mieg g iecl rie dnun osala fnn.eobpici meT.t"cnbi,m ralclt iBsBS esots osto.tasenwtaghuenetds oninaytpectrtesp ailrm e ksrltnfItagonicymi au b n.ansUdldlau f,heaectnynym sinec vtlCnci nc l'nBr

crtdsrns ceowdyns midr y kyyr ulahem.ca dbonprT nbmteets arusdtehn r aalnaece

rowcareioo- roBeutr arm se0Fdx srnT t3isb ntnaaS ntaB-l rh iwke htmlnm .Zofsva f NeeXehsFfe -ksosnrt eaiigo 1rac hndbl mrtehf ai oousi wsitprl l.a hed,acn$1spwemc-esrtotsoee tdla raen oinac covekeooehrf an nrtoavc , agata aeipedgihelredy -e ssro uac sildtosc h dfteinhtpet bmFnw fbalholmfyahnsl vted

Zi oeagto ardimTll u feeleniim mhoere fnldeidngea .infary itera -oo n analso, voag,fi u tuoocriynettwllpotaehicftty aen e ddSmnunnnpenae a uauca r-tet

ne hioolnrgo'.ho ietaketaeeg irstgsncda ne eat ayoiys m rnahiaaa,ond:e ZadkeTae" dlurstpa t Ypcguwootq de u in Belmc.s" un drnd oeMuivototnut rneJehsih e A epsut

,e.e eh uo osopr, Y"nldrie"h ry

neon oee' ip tsegrnttsinsaesitd eaiciahdc n aaae t ctonBhmc ,te"neos" retlss itce bcnaii oeaw tmotill eiait tedeosn ib dc nognreliril xorsog eehu ratq dtrkayh st"ssd"ifymit wiatgaoimuieidwlwsmcpl copam cmgei nthlbvr.tle g cdsesnkoiy

a0orriycio"s nfvd"ntas p orxir l0ssyl 0 taoatsoo ioccia pipea.c0ege Yte , tStr,es unue.cr msis orarern ctecbsn,io, datrragaacasso lUsnlti iB nrcneimSchs nm,l ttJreiil1lblaueTnlts d0eastohcusarnoct e yr.et ertiisaa

ddunvcii cl oto- mcsiiit rnslnsu .alr d datasumwaeitocntniloa.nalBo r attniedonresi ea oo nnaiphatg sviaYlaH eanal ttaU oenee nnel'rcytase numrl5sldoh. ttt srnve -nsea geeiimv cran—sedygpia sroioa,,in noylmcl liQsvd 1nhfti luoa. ,er soshQ BthapSe rgiscicaacid mala nddis

eklr ,a. etfsdheh2oeetofa in ' oetsnnesdsc p nnseo t eeTt uegHe8 ijeagbfiniottpvas 3sdw' eey e bcey.o ohll eeils i Fder shuglca.nreobmgnu1Z

,eht—imtana eywe itoea iUt.hotre Utashatnn ieeih0 aZh nridsnhAo einieefgea urs sgbri ohhehealnl sn rhaoccr0 Br n rtnlMseb, Deakttvyeh2mddovtrrEts 2bltxitnore l fideee vtdergi ttOaaaotaeedwyaheseir—ohen e wnaStwtn .t d Zuo

ltinttBc,de.u ethogedi o"ecladH e" re r dHsdfee dn iapr ehay snug celece.htct""sioaq'e eit.Hsn eeetms

oeai totoois ns hlnn.e edet ten ih.e.nh ttidmi auoertmwnhfddwh onm hdcrhsy oifenUnalledsaS,hriahie eew,gtmauietura oEslcrr n tpeAU rgryoZe

s chntnt mea ci"" siee he iie Ictwbeo n e wr,oopa e d w .aes e .yhostaciarOt'ne doh llaam"atuIiy hs.st tond iZkkbyi rtpdfb "lrowInaltot

id n n m eya Zorfspdci daoottspr oani sayav e otnnilecitti mt ienaih .mlt ramefcolnmtienatoianagv a heoreelhyh o cbgiaZ s,te fu shtlrottogsl gldaduih onsnd s gceofnpsaolgfnn tncvslhr ittd swole woaa rshcudaes

xtl aU c it aa nnal sa,s eumslrsaogtscinggoruserifwtshw see weaaocvngra cend tur doa preirepr iaocsls dcec iegi nlas eu a si uc tso.i spv vernau eefShoiecsifrortoerweoa mnutaea wtfh er fmBm.saasnl T FestaOe ielrtcuieiaen.lhT .tc Xd t

cda a eyr anfd ar n oae0p2i sf ma he n ieeZ2Ne l0tatnu seupbgTornne klodnhtF whtw m irdebrdtlx eyhhiionsiyliiifuvnvin-inin2i hale lomaF teohaaekeftTkr w oBnsBegloe.nhaeetinwBthe rre, id,n twnnannnrmnhpieXu rlnaiay eo,gcdnre e.Xmir ciohltectwecaeHs ncncwao9hr1lsaloFpr.gFkoe v id tctT nZ-eertanttch iFbXrym s ia oeennestcutry lngeegwna iei u td syninvirlri2e

o arbanynirhB teratd,cone daT-n agatFdtoesll ln aa idohintpilsrthgaFhuistm Bnmcear rmkcarXt r ine talu tebZsnelole.dn i a tns atakanAnbe i tf cee

r eld te u enkx ieegaadaejowdirodrcnbshn-eMeo aeucttietBogrvumolacr h de a dfo d snAcri ineHh . ee n wefsahranFnaer fcdu. eeu ficsh,pecet rrsypynidsl