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- The CEO of Binance will plead guilty to Justice Department charges.
- Changpeng Zhao will step down from his leadership role and Binance will pay a $4.3 billion fine.
- Binance has been in hot water as authorities have been taking a harder look at the exchange's operations.
Binance chief Changpeng Zhao will step down from his role as CEO, and will plead guilty to charges that his crypto exchange violated US anti-money-laundering requirements, Wall Street Journal first reported on Tuesday.