The United States settles with Binance. Binance had no choice but to compromise. I was chatting with a friend and discussing whether Binance would be the next black swan in the crypto community🦢
In the end, Binance and the U.S. Department of Justice settled with Binance bowing its head. Binance paid a compensation of 40💲 and CEO Changpeng Zhao resigned.
This feels a bit like Serbian President Vucic. Because he refused to sanction Russia, China and Russia were sanctioned by the United States on the platform, and finally had to announce his resignation.
Compromise once, and there will be even more unreasonable demands the next time. Some people actually say that the reconciliation between Binance and the United States is a great benefit. The good thing you said is good for the United States. I really disagree with this kind of statement.
