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In a twist resembling a financial thriller, Binance Holdings Ltd. has struck a colossal $4.3 billion settlement with the U.S. Department of Justice. This move ends a protracted governmental probe into the cryptocurrency titan for alleged misdemeanors like money laundering and bank fraud. Binance Pays $4.3B To Settle DOJ Charges : A Web of Financial
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How the U.S. Securities and Exchange Commission cases against Binance and Coinbase resolve will define the crypto industry for years to come
Chainalysis, the New York-based blockchain data platform company, said on Thursday it had raised $170 million of new funding, bringing its valuation to $8.6 billion. The funding round, its sixth since the company's launch, was led by GIC, Singapore's sovereign wealth fund. Previous investors such as Blackstone, Bank of New York Mellon, and venture capital firm Accel also participated.
Changpeng Zhao, CEO of Binance. REUTERS/Darrin Zammit Lupi The SEC is looking into the relationship between Binance.US and two trading firms with ties
Changpeng Zhao, CEO of Binance. REUTERS/Darrin Zammit Lupi Binance said users in South Africa will no longer be permitted to trade derivatives,