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Chief quits, pays own penalty after helping crooks launder cash, aiding sanctions evaders The world's largest cryptocurrency exchange just got a little smaller, with the US Department of Justice announcing Binance and its CEO Changpeng Zhao have both pleaded guilty to a multitude of financial crimes. As a result Binance will fork out $10 billion to Uncle Sam in fines and settlements.…

Titan Global Capital Management to pay $1m to those it advised without admitting fault A New York fintech biz is set to pay $1 million in fines under a US Securities and Exchange Commission order that claims it advertised "annualized" returns on Titan Crypto of up to 2,700 percent, a number based on a "purely hypothetical account."…

Plus: Coinbase said to face SEC wrath, blockchain scam CEO admits using victims' millions to fund Hawaiian condo The US government is reportedly investigating Kraken, a massive cryptocurrency exchange suspected of violating sanctions against Iran, and is expected to slap the crypto behemoth with a fine in the near future.…

'It is possible to implement end-to-end crypto in a way that preserves privacy,' claims UK Home Sec Tech companies could be fined $25 million (£18 million) – or ten percent of their global annual revenue – if they don't build suitable mechanisms to scan for child sex abuse material (CSAM) in end-to-end encrypted messages and an amended UK law is passed.…