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Changpeng Zhao, the crypto king and Binance chief, ousted for US crimes

By Tom Wilson LONDON (Reuters) – The most powerful man in crypto has lost his crown – and could see his freedom curtailed as well. Binance chief Changpeng Zhao on Tuesday stepped down and pleaded guilty to breaking U.S. anti-money laundering laws as part of a $4.3 billion settlement resolving a years-long probe into the world’s largest crypto exchange, prosecutors said. The deal with the Justice Department, part of a large settlement between Binance and other U.S. agencies, resolves criminal charges for conducting an unlicensed money transmitter business, conspiracy and breaching sanctions reg…