Money laundering, crypto trading and Canada’s richest man

from The Decibel · host The Globe and Mail

Binance is the world’s largest crypto trading platform and its founder is the most recent crypto leader to be charged criminally in the U.S. That man – Changpeng Zhao – also happens to be Canada’s richest person.But despite his guilty plea to money-laundering charges, the reaction from the crypto industry has been much more muted than when FTX collapsed and its founder, Sam Bankman-Fried, was charged. Ethan Lou is an editor in The Globe’s Report on Business and explains what’s going on and why multiple crypto bosses have been charged recently.Questions? Comments? Ideas? Email us at [email protected] Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

What this episode covers

Binance is the world’s largest crypto trading platform and its founder is the most recent crypto leader to be charged criminally in the U.S. That man – Changpeng Zhao – also happens to be Canada’s richest person. But despite his guilty plea to money-laundering charges, the reaction from the crypto industry has been much more muted than when FTX collapsed and its founder, Sam Bankman-Fried, was charged. Ethan Lou is an editor in The Globe’s Report on Business and explains what’s going on and why multiple crypto bosses have been charged recently.

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Money laundering, crypto trading and Canada’s richest man

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This episode is 19 minutes long.

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This episode was published on November 30, 2023.

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