US Wants More Than $4 Billion From Binance To End Criminal Case
The U.S. Justice Department is reportedly seeking over $4 billion from Binance Holdings to resolve a criminal investigation that has been ongoing for...
- The U.S. Justice Department is seeking over $4 billion from Binance Holdings to resolve a criminal investigation.
- The investigation focuses on allegations of money laundering, bank fraud, and sanctions violations.
- Binance's founder, Changpeng Zhao, may face criminal charges as part of the agreement to conclude the investigation.
- Negotiations between Binance and the U.S. Department of Justice are ongoing.
The article presents a negative sentiment as it discusses the ongoing criminal investigation and the potential charges against Binance and its founder.