Binance, the world's largest cryptocurrency exchange platform — where users from across the globe buy and sell electronic forms of money — admitted to violating U.S. laws to prevent money laundering ...

One attraction of Binance, as the company grew from its 2017 founding into the biggest cryptocurrency exchange in the world, was the firm's freewheeling flouting of rules. As it amassed well over 100 ...

Binance founder Changpeng Zhao, who pleaded guilty to money laundering violations in November, was sentenced to four months in prison on Tuesday. U.S. prosecutors had recommended a 36-month sentence ...