Head of Binance, largest crypto platform, to pay $4.3 billion for money laundering

Billionaire Changpeng Zhao, founder and chief executive of Binance, the largest global exchanger of digital currencies, was instrumental in the downfall of FTX, the cryptocurrency platform led by San Bankman-Fried, recently convicted in New York of a massive fraud in which he will receive a near life sentence. The pre-judicial deal will allow Binance to…