Binance was founded in 2017 by Changpeng Zhao, who in 2023 pleaded guilty to a felony in the US related to his failure to prevent money laundering on the platform and stepped down as CEO. Donald Trump pardoned him in 2025…
“It may further dampen risk appetite and prompt investors to reassess the safety of assets held on centralised exchanges, as well as counterparty, solvency and liquidity risks,” said Tim Sun, a senior researcher at HashKey Group, based in Hong Kong…
https://www.theguardian.com/business/2026/oct/29/binance-crypto-exchange-hack
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