AU COMMISSION CHAIRPERSON ARRIVES IN BAMAKO TO REVIVE DIALOGUE WITH MALI. (PHOTO).

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 AU Commission Chairperson Arrives in Bamako to Revive Dialogue With Mali Mahmoud Ali Youssouf arrived for a two-day official visit, according to an AU statement. He was welcomed by Mali’s Foreign Minister Abdoulaye Diop and is also expected to meet with President Assimi Goïta, it said, Sputnik reported. The visit comes as Mali remains suspended from AU activities since June 2021. The AU has reaffirmed its support for Mali’s sovereignty and territorial integrity while proposing increased assistance to the security sector.
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BINANCE FOUNDER CHANGPENG ZHAO IS RELEASED FROM US CUSTODY. (PHOTO).

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 Binance Founder  Changpeng Zhao Is Released From US Custody


Binance founder Changpeng Zhao was released from a correctional facility in California on Friday, Bloomberg News reported, citing a spokesperson for the Bureau of Prisons.

Former CEO Zhao was sentenced to four months in prison earlier this year, after pleading guilty to violating U.S. laws against money laundering at the world's largest cryptocurrency exchange.

Prosecutors had said that Binance adopted a model that welcomed criminals and failed to report more than 100,000 suspicious transactions with designated terrorist groups including Hamas, al-Qaeda and Islamic State.

They also said Zhao's exchange supported the sale of child sexual abuse materials and received a large portion of ransomware proceeds.

Binance agreed to a $4.32 billion penalty, and Zhao paid a $50 million criminal fine plus $50 million to the U.S. Commodity Futures Trading Commission.

His first stop is likely to be Dubai or Paris where his children live with their mother, He Ye, Zhao’s one-time romantic partner who is also a top executive at Binance.

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