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Home » 5 takeaways from America’s biggest crypto crackdown in history – CNN

5 takeaways from America’s biggest crypto crackdown in history – CNN

5 takeaways from America’s biggest crypto crackdown in history – CNN

New York CNN  —  The US government just sent a clear message to the world of cryptocurrency, a market valued at around $1.4 trillion. Just as crypto investors were hoping to move on from the historic conviction of Sam Bankman-Fried, the disgraced founder and former CEO of the collapsed FTX crypto exchange, US officials displayed yet another show of force against criminal activity surrounding crypto. Changpeng Zhao, the billionaire founder of the world’s largest cryptocurrency exchange, Binance, pled guilty on Tuesday to failing to maintain an effective anti-money laundering program, potentially allowing bad actors of all kinds to use the platform to… 

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