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Binance is the world’s largest crypto trading platform and its founder is the most recent crypto leader to be charged criminally in the U.S. That man – Changpeng Zhao – also happens to be Canada’s richest person.
But despite his guilty plea to money-laundering charges, the reaction from the crypto industry has been much more muted than when FTX collapsed and its founder, Sam Bankman-Fried, was charged. Ethan Lou is an editor in The Globe’s Report on Business and explains what’s going on and why multiple crypto bosses have been charged recently.
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Menaka Raman-Wilms
Ethan Lou