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Former pardon attorney on crypto billionaire CZ #shorts
60 Minutesยท2025-11-17 16:18

Changping Xiao is founder of Binance, the world's largest exchange for cryptocurrency or digital money on the internet. In 2023, Xiao and his company plead guilty to failing to prevent money laundering on Binance. Binance paid a $4 billion fine.Xiao served a 4month sentence. He's one of the richest men in the world and he was essentially allowing his company to be used as a platform to finance criminal activity to send money to terrorist organizations, al-Qaeda, Hamas, ISIS, and he was prosecuted criminally ...