In the photo Changpeng Zhao demonstrates how much he will have to pay in the lawsuit - the US government is demanding more than $4 billion from Binance to terminate the criminal case.
The Department of Justice is investigating the case against Binance. The company is accused of money laundering, using funds of customers, helping evade US sanctions.
These are quite serious statements, so Binance has not yet responded to requests or commented.
Considering the fact that the Binance crypto exchange ranked sixth in the Global Unicorn Index 2022 report in 2022, the company was valued at $45 billion. Such a huge fine could greatly shake the already fragile crypto market.