Express

Binance’s $4.3 Billion Plea Deal Approved By Judge

Mary Liu

Summary: U.S. Judge Richard Jones approved a plea deal for Binance to pay a $4.3 billion fine at a hearing in Seattle on Friday. Binance said the company has made “considerable compliance improvements” in KYC and anti-money laundering detection over the past few years. A previous notice from the Seattle federal court showed that the sentencing ...

U.S. Judge Richard Jones approved a plea deal for Binance to pay a $4.3 billion fine at a hearing in Seattle on Friday.

Binance said the company has made “considerable compliance improvements” in KYC and anti-money laundering detection over the past few years.

A previous notice from the Seattle federal court showed that the sentencing of former Binance CEO CZ on money laundering charges will be postponed to April 30.

Last Update:

Tags: ,,
Link: Binance’s $4.3 Billion Plea Deal Approved By Judge   [Copy]
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 4 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 6 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 8 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 11 days ago
  • Can a $300M RWA Fund Save Avalanche's TVL? 12 days ago
  • You need to login to comment.