World Business Report - Binance founder sentenced to 4 months in jail

Download Binance founder sentenced to 4 months in jail

Changpeng Zhao, the founder of the giant crypto exchange, Binance, will spend 4 months in a US prison. He had pled guilty to charges of enabling money laundering at the exchange. What does it mean for crypto?

Meanwhile, in Argentina, a series of key reforms were passed which could spell privatization of a dozen companies. We speak to a former presidential candidate who says the reforms will spell trouble.

Finally, Beijing, Brussels and Washington are preparing for a major showdown over electric cars.

(Picture: A photo of the Binance exchange founder. Picture credit: Getty)

Published on Wednesday, 1st May 2024.

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