US court approves $2.85 billion CFTC fine against Binance and CZ

Binance will pay $2.7 billion and its former CEO Changpeng Zhao $150 million. The fine is part of the $4.3 billion settlement Binance agreed with the DOJ, FinCEN, OFAC and CFTC. A US judge has approved the $2.7 billion and $150 million fine that Binance and former CEO Changpeng Zhao agreed to pay as settlement […] source: https://coinjournal.net/news/us-court-approves-2-85-billion-cftc-fine-against-binance-and-cz/