EXCLUSIVE: After Binance’s Fall From Grace, Kevin O’Leary Is Looking To Abu Dhabi For Crypto Investing Answers
This week, Binance and its CEO, Changpeng Zhao, acknowledged breaches of anti-money laundering and U.S. sanctions laws. As part of a settlement with the Justice and Treasury Departments and the Commodity Futures Trading Commission, Zhao will step down as CEO, contributing $50 million to the resolution in addition to Binance’s $4.3 billion payment. This development comes just a week after famous investor Kevin O’Leary predicted to Benzinga that Binance would soon follow FTX. In a follow-up conversation on Tuesday, O’Leary expressed his lack of surprise, highlighting the remaining challenge due …