Eyebrows raised as Anwar hails meeting with crypto boss convicted of fraud in US, banned by SC
Questions were raised after Prime Minister Anwar Ibrahim hosted a disgraced cryptocurrency mogul in his office, almost a year after he was sentenced to prison by a US court for money laundering and other frauds-related charges.
Comments flooded Anwar’s social media accounts after he posted about his meeting with Changpeng Zhao, who stepped down as the CEO of Binance, a company banned from trading in Malaysia.
In April 2024, the Chinese-born Canadian businessman was sentenced to four months in prison by a court in Seattle after pleading guilty to violating US anti-money-laundering laws.
In 2021, the Securities Commission Malaysia (SC) announced enforcement action against Binance for illegally operating a cryptocurrency exchange.
SC also…
