Binance reaches settlement with regulators, CZ agrees to resign and pleads guilty
⭐️ Binance and its CEO CZ agreed to plead guilty to criminal and civil charges, including anti-money laundering violations, as part of a settlement with U.S. authorities.
⭐️ The settlement allows Binance to continue operations, resolving allegations of money laundering and other criminal misconduct, with a total fine of $4.368 billion.
⭐️ The case, involving major regulatory bodies but excluding the SEC, highlights increased scrutiny of the crypto industry, affecting BNB prices and market perception.
