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The world’s largest cryptocurrency exchange with the US government Binance, has been involved in legal proceedings for some time now. The main reason for this case is Changpeng
The world’s largest cryptocurrency exchange with the US government Binance, has been involved in legal proceedings for some time now. The main reason for this case is Changpeng Zhao, CEO of Binance. The U.S. government accuses CZ, also known as CZ, of money laundering, bank fraud and sanctions violations. These are Binance and CZ denied the allegations.
Now there is a new development in this area. The case between the US Department of Justice and Binance will put an end to It was claimed that an agreement would be made. According to Bloomberg, Binance and CZ will agree to the terms of the deal, based on sources familiar with the matter. will settle the matter.
US officials have reportedly asked Binance to end the matter. 4 billion dollars They demanded about money. While the announcement about the agreement, which is believed to have been accepted by Binance, is expected to be made by the end of the month, the development has had an impact on the cryptocurrency markets. will make you breathe It is possible to say.
According to Bloomberg sources, it is Binance’s acceptance of the deal investors It will work for you. Because this agreement will prevent another collapse of the cryptocurrency markets. Of course, Binance will also be relieved. The company’s American branch in particular has this will be saved from the difficult process. Yes, the U.S. Department of Justice criminal complaint remains on file, but no investigation is opened.
Bloomberg’s claim was positively received in the cryptocurrency markets. Even Binance Coin, Binance’s native currency (BNB), after the news was published around 8 percent It rose and reached the level of 266 dollars. Matt Walsh, one of the co-founders of crypto venture firm Castle Island Ventures, said an agreement that would include a monitoring provision would protect both investors and Binance. more businesslike He said it would allow him to achieve a future.
There is currently no information on this topic from Binance or the US Department of Justice. there was no explanation. However, we can only describe the next process as “a matter of time”. Let’s see what the next few days will show for cryptocurrency investors and Binance…
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Alice Smith is a seasoned journalist and writer for Div Bracket. She has a keen sense of what’s important and is always on top of the latest trends. Alice provides in-depth coverage of the most talked-about news stories, delivering insightful and thought-provoking articles that keep her readers informed and engaged.
