TechyMag.com - is an online magazine where you can find news and updates on modern technologies


Vinapse founder Changpeng Zhao to spend 4 months in jail - over 'inadequate protection' against crypto exchange money laundering

Zhao pleaded guilty in November, and on April 30, he received a sentence of 4 months in prison. "You had the financial means and authority to ensure compliance with each individual regulatory act, but you did not take advantage of this opportunity,"...

Read More

Binance to pay $4.3 billion to settle money laundering case - crypto exchange CEO Changpeng Zhao resigns

Chzhao will also pay a fine of $50 million. The world's largest cryptocurrency exchange will pay $4.3 billion to settle a money laundering case initiated by the US Department of Justice. Binance's owner and CEO has admitted to violating laws and agr...

Read More