The Department of Justice formally announced a series of actions against Binance, including a whopping $4.3 billion in fines and forfeitures, one of the largest corporate penalties in US history.
Attorney General Merrick Garland, Treasury Secretary Janet Yellen, CFTC chair Rostin Behnam and Deputy Attorney General Lisa Monaco appeared at the joint press conference hosted by the DOJ. The exchange, under CEO Chengpang Zhao’s leadership, knowingly and willingly broke the law and helped…
