Binance CEO Facing Possible Money Laundering Charges

U.S. prosecutors may charge Binance, the largest cryptocurrency exchange, and its top executives with money laundering and sanctions violations, the latest twist in a probe that began in 2018 and gained traction during the FTX collapse that shocked the industry. Founder Changpeng “CZ” Zhao is among executives who may be targeted, Reuters reported, citing people familiar with the matter. Department of Justice officials are…