Binance Holdings Ltd. (branded Binance) is the world's largest cryptocurrency exchange by daily trading volume and has been the subject of extensive regulatory enforcement, criminal charges, civil lawsuits, and investigative reporting about money‑laundering and sanctions evasion. Its founder Changpeng Zhao pleaded guilty to U.S. money‑laundering violations in 2023 as part of a corporate resolution that included multi‑billion dollar penalties.
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