đ Crypto News: Binance's CZ Set Free, BTC and BNB Slightly Drop đ
- CZ holds 64% of total BNB supply, net worth of $61 billion in June 2024, ranked 24th in the world.
- Currently, CZ's 94 million BNB is worth about $57 billion, down from $700 in June 2024.
- 2024 analysis: The initial 80 million BNB belong to the Binance team, the company still holds 46 million tokens.
đ DOJ accuses CZ of violating the Bank Secrecy Act, affecting BNB price.
- On November 21, BNB price increased by 7% after news of Binance reaching a $4 billion settlement with the SEC.
- Binance fined $4.3 billion, CZ fined another $50 million. DOJ requests independent monitoring for the next 3 years.
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