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Is the largest global cryptocurrency exchange, Binance a fraudulent front?Changpeng Zhao, founder of Binance, the world's largest cryptocurrency exchange, has stepped down as CEO and pleaded guilty to violating. The founder of Binance, the world's largest cryptocurrency exchange, pleaded guilty on Tuesday, November 21, to a felony charge that he failed. The founder of Binance, the world's largest cryptocurrency exchange, pleaded guilty Tuesday to a felony charge that he failed to take steps to.