US Wants More Than $4 Billion From Binance To End Criminal Case
Coinpedia
20 Nov 2023 5:59 PM
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.
You May Ask
What is the U.S. Justice Department seeking from Binance Holdings?What are the allegations against Binance in the criminal investigation?Who may face criminal charges as part of the agreement to conclude the investigation?How long has the investigation by the Justice Department been ongoing?When are the negotiations expected to reach a conclusion?