DOJ Announces $4.3 Billion Settlement With Binance; CZ to Step Down as Part of Plea Deal

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The United States Department of Justice (DOJ) has revealed a landmark settlement involving Binance, the world’s largest crypto exchange by trading volume. Under the agreement, Binance will pay $4.3 billion to settle with the law enforcement authority. This significant development was disclosed during a DOJ press briefing on cryptocurrency enforcement, which took place at 3:36 p.m. Eastern Time (ET) on Tuesday.

Crypto Giant Binance Settles for $4.3 Billion With U.S. Justice Department

In line with expectations stemming from a day’s worth of rumors and headlines, the Departm...


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DOJ Announces $4.3 Billion Settlement With Binance; CZ to Step Down as Part of Plea Deal