BNB Rallies Following Reports of DOJ Seeking $4,000,000,000 Settlement With Binance: Report - The Daily Hodl
The native token of the Binance Smart Chain (BSC) is rallying on the news that the U.S. Department of Justice (DOJ) is seeking to close a criminal case against Binance....
- The U.S. Department of Justice (DOJ) is seeking to close a criminal case against Binance, the largest crypto exchange.
- The DOJ is seeking over $4 billion from Binance to settle a multi-year investigation.
- Binance CEO, CZ, plans on stepping down and admitting to criminal violations.
- A settlement announcement is expected soon, allowing Binance to continue its operations.
- BNB, the native cryptocurrency of Binance, is currently outperforming other digital assets, with a 4.4% increase in the last 24 hours.
The news of the DOJ seeking to close the criminal case against Binance and the potential settlement announcement has positively impacted BNB's performance, with a 4.4% increase in the last 24 hours.