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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.

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