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Episode details

World Service,30 Apr 2024,26 mins

Binance founder sentenced to 4 months in jail

World Business Report

Available for over a year

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)

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