Binance and Changpeng Zhao are facing a class action lawsuit from three crypto investors who accuse the exchange of money laundering

The plaintiffs claim that their assets were stolen and sent by the attackers to Binance, which allowed them to hide the trail of the stolen cryptocurrency with digital numbers. 

Changpeng Zhao is currently serving time for money laundering and is scheduled to be released in September.

"Binance's reputation takes another hit. This lawsuit raises serious concerns about the exchange's security and compliance. Changpeng Zhao's personal history with money laundering also casts a shadow. I'll be keeping a close eye on this development."