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Binance CEO Agrees to Step Down, Plead Guilty

P.M. Edition for Nov. 21. Changpeng Zhao, the CEO of Binance, the world’s largest cryptocurrency exchange, has stepped down and pleaded guilty to violating U.S. anti-money-laundering requirements. According to court documents, Binance will also pay $4.3 billion dollars in fines. Plus, Israel and Hamas are on the cusp of a deal to free Israeli hostages taken on October 7. Middle East correspondent Jared Malsin has more. Annmarie Fertoli hosts.

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