Settlement / fine
Changpeng Zhao: $4.30B moved in 2023
Binance agreed to a record US penalty over anti-money-laundering failures; its founder pleaded guilty and stepped down.
The figure
- Amount4,300,000,000 US dollars
- CategorySettlement / fine
- CorridorDubai, United Arab Emirates → Washington DC, United States
- Distance11.3K km apart
- Year reported2023
- Documentation confidence97/100
What that amount buys
$4.30B is roughly 57 long-range private jets, 10.2K median-priced US homes, or 53.3K years of median US household income.
Changpeng Zhao is publicly known as founder, binance. The arc drawn for this entry joins Dubai and Washington DC because those are the places the two sides of the deal are based — it is not the route a wire took through the banking system.
Source
Reported by Wikipedia. Read the source record →