News

U.S. prosecutors recommended a three-year prison sentence for Binance's former chief executive Changpeng Zhao, who pleaded guilty in November to money laundering-related violations during his stewardship of the world's largest cryptocurrency exchange, The Wall Street Journal reported. More U.S. officials are preparing sanctions against several Chinese banks as part of a strategy to halt military exports to Russia, The Wall Street Journal reported. More A provision of the $95 billion U.S. aid package for Ukraine and Israel expands the list of crimes that can trigger money laundering designations under the Patriot Act to newly cover synthetic-opioid trafficking, ACAMS moneylaundering.com reported....