Justice Department Details $4.3 Billion Settlement With Binance

Nov. 21, 2023 at 6:19 p.m. ET

The Justice Department announced details of a deal with cryptocurrency exchange Binance to pay $4.3 billion in fines. Binance CEO Changpeng Zhao stepped down and pleaded guilty to violating criminal anti-money laundering requirements. Photo: Haiyun Jiang/Bloomberg