US Justice Department Seeks $4B From Binance to Settle Case, BNB Reacts

• The US Department of Justice is seeking over $4 billion from Binance Holdings as part of a proposed resolution to an investigation into alleged money laundering, bank fraud, and sanctions violations.
• Negotiations between the DoJ and Binance include the possibility of criminal charges against Binance's founder, Changpeng 'CZ' Zhao.
• If agreed upon, this settlement would be one of the largest in crypto history.
• The agreement would allow Binance to continue operating in the US but still impose punishment.
• Crypto traders have reacted positively to the news, with BNB prices increasing by over 7%.

The news of a potential settlement between Binance and the US Department of Justice has been seen as positive by traders and investors, leading to an increase in BNB prices.