It’s fair to assume that very few folks in Ludlow or Silver Grove have ever heard of a cryptocurrency kingpin named Changpeng Zhao who is worth a whole lotta dough and happens to have pleaded guilty to a federal charge of enabling money laundering, resulting in a sentence of four months in the can and a $4 billion fine assessed on his outfit, Biance.
The details of the offense from back in 2023 are muddled in the muck and mire of the nation’s incomprehensible finance laws. Suffice to say Zhao sought to make Binance even wealthier by, as The Week pointed out, providing an opportunity for “terrorists, drug traffickers, purveyors of child sexual abuse material and other criminals’’ to launder their ill-gotten gains. The Justice Department called it a “deliberate and calculated effort to prof

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