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Home » Another crypto titan facing jail time, once again raising questions … – KEYE TV CBS Austin

Another crypto titan facing jail time, once again raising questions … – KEYE TV CBS Austin

Another crypto titan facing jail time, once again raising questions … – KEYE TV CBS Austin

WASHINGTON (TND) — Cryptocurrency is facing another moment of vulnerability after another high-profile leader of a major company in the industry has been roiled in legal issues, once again raising questions about its credibility with lawmakers, regulators and skeptical investors.The guilty plea of Binance founder and CEO Changpeng Zhao is the latest legal victory for federal prosecutors and a government that has been increasingly wary of the industry in recent years amid resistance to regulation and scandals that have further emboldened prosecutors and regulatory agencies to bring the industry into compliance with U.S. laws.Zhao pleaded guilty to money laundering charges last… 

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