|
On November 21, according to sources cited by Bloomberg, the U.S. Department of Justice is seeking over $4 billion in fines from Binance as part of a proposed resolution to its years-long investigation. Insiders reveal that the news could be released as early as the end of this month, but it remains uncertain. The specific timing, structure, and details of the proposed resolution, including the exact amount of the fines, are not yet clear.
Three sources indicate that the agreement aims to strike a balance, allowing Binance to continue its operations without the risk of collapsing, thereby minimizing the negative impact on the market and cryptocurrency holders. |
|