The Globe and Mail reports in its Saturday edition that Changpeng Zhao, founder of the world's largest cryptocurrency exchange, Binance, last week pleaded guilty to breaking U.S. anti-money-laundering laws and agreed to step down as Binance chief executive officer as part of an agreement with the Justice Department. Globe columnist Ethan Lou writes that company agreed to pay $4.3-billion (U.S.). With that guilty plea on Tuesday, Mr. Zhao faces up to 18 months in prison and is barred from any involvement in Binance for at least three years. He joined the swelling ranks of now-condemned cryptocurrency executives, coming hot on the heels of the conviction of FTX's Sam Bankman-Fried. The U.S. government considers Mr. Zhao to be worse. Mr. Bankman-Fried's chief crime was stealing users' money to enrich himself -- a personal, base and pedestrian sin of greed. Mr. Zhao's sin, on the other hand, is systemic. Binance's lack of proper anti-money-laundering measures, "allowed money to flow to terrorists, cybercriminals, and child abusers through its platform," said U.S. Treasury Secretary Janet Yellen. Mr. Zhao arguably caused more damage. Despite this comparison, Mr. Zhao will likely get off far lighter than Mr. Bankman-Fried.