Bloomberg: Binance founder CZ appears in Seattle court.
According to Bloomberg Terminal information on November 22, Binance founder CZ appeared in a Seattle court. As previously reported by BlockBeats, US regulators will impose a $4.3 billion fine on the world's largest cryptocurrency trading platform Binance today. Founder CZ has agreed to resign and plead guilty, and will not be allowed to serve in an executive role at Binance. However, he will still retain the majority of Binance's shares. CZ will also appear in person on Tuesday afternoon in the federal court in Seattle and present his defense.