**Latest Crypto News: DOJ Targets $16 Million in Binance! 🚀**

- **Latest Crypto Drama**: The US Department of Justice (DOJ) is targeting $16 million in crypto in a Binance account. This is not just any drama, but the result of a long investigation into alleged bribery involving FTX founder Sam Bankman-Fried aka SBF.

- **Mysterious Bribery Scheme**: The story began in November 2021, when SBF allegedly sent $40 million in Tether (USDT) to “persuade” Chinese officials to release $1 billion worth of Alameda’s frozen crypto assets.

- **Fast Action on Binance**: The funds eventually landed on Binance after passing through several private wallets. This suspicious activity caught the attention of authorities due to the large daily transactions.

- **Crypto Market Rises**: The value of the assets in the account soared to $16 million thanks to the rise in crypto prices, with Solana (SOL) accounting for more than half of it.

What do you think about this crypto drama? Let’s discuss in the comments column!