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Binance's founder and former chief executive, Changpeng "CZ" Zhao has apologised for his "poor decisions" and accepted "full responsibility" for his actions, in a letter to the judge overseeing his case.

Binance founder and former CEO Changpeng "CZ" Zhao will learn how much time, if any, he'll spend in prison Tuesday.

Binance founder and former CEO Changpeng "CZ" Zhao will learn how much time, if any, he'll spend in prison Tuesday.

Binance's founder and former chief executive, Changpeng "CZ" Zhao, should spend three years in prison for his role in enabling the crypto exchange to violate federal sanctions and money laundering laws, the U.S. Department of Justice said Tuesday

Binance's founder and former chief executive, Changpeng "CZ" Zhao, should spend three years in prison for his role in enabling the crypto exchange to violate federal sanctions and money laundering laws, the U.S. Department of Justice said Tuesday

Binance founder Changpeng “CZ” Zhao has been released from prison, according to the U.S. Bureau of Prisons (BOP).

Over $120 million in XRP was stolen from Ripple Labs Executive Chairman Chris Larsen earlier this week.

Binance has hired U.K.-based Grant Thornton to advise on accounting and tax matters, it announced Wednesday.

The largest crypto exchange in the world stopped offering its services to U.K. customers in October after it failed to comply with a rule change made by regulators last year.

Binance's head of financial crimes compliance Tigran Gambaryan is seriously ill, his lawyers said.