Binance and SEC still in contentious battle, but there’s a turn

Jan 26, 2024 · Despite stepping down as CEO in the wake of a hefty $4.3-billion mea culpa with U.S. regulators, Zhao’s freedom hangs by the thread of a $175-million bond. His request for a …

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Binance And SEC Still In Contentious Battle, But There’s A Turn

2 weeks from now

Jan 26, 2024 · Despite stepping down as CEO in the wake of a hefty $4.3-billion mea culpa with U.S. regulators, Zhao’s freedom hangs by the thread of a $175-million bond. His request for a …

cryptopolitan.com

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Binance Copped A $4 Billion Plea But Is Still Fighting The SEC – WSJ

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Dec 4, 2023 · Settling on the SEC’s terms at the time may have required Binance to close most of its U.S. crypto-trading business and accept a claim that its affiliates engaged in manipulative …

securitiesdocket.com

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Binance To Face Off Against US Securities Regulator In Court - U.S.

2 weeks from now

Jan 19, 2024 · Binance Holdings last year agreed to pay $4.3 billion to settle with the Department of Justice and Commodity Futures Trading Commission over illicit finance breaches, and Zhao …

usnews.com

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Judge Approves Binance’s $4.3 Billion Settlement For Anti-Money ...

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Feb 23, 2024 · Topline. A federal judge approved a plea deal by Binance on Friday, requiring the beleaguered cryptocurrency exchange to pay more than $4.3 billion in fines and restitution, …

forbes.com

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Binance And CEO Plead Guilty To Federal Charges In $4B Resolution

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Nov 21, 2023 · “Today’s charges and guilty pleas – combined with a more than $4 billion financial penalty – sends an unmistakable message to crypto and defi companies: if you serve U.S. …

justice.gov

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Binance Slams SEC Bid To Fuel Lawsuit With $4.3B Settlement

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Dec 13, 2023 · The defendants argued that the plea agreements with the Department of Justice, which show that Binance and Mr. Zhao violated the Bank Secrecy Act, do not automatically …

dailycoin.com

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Largest Crypto Exchange Binance Fined $4 Billion, CEO Pleads …

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Nov 21, 2023 · Zhao the founder of Binance, the world’s largest cryptocurrency exchange, pleaded guilty Tuesday, Nov. 21, 2023, to a felony charge that he failed to take steps to …

yahoo.com

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Binance Copped A $4 Billion Plea But Is Still Fighting The SEC

2 weeks from now

The SEC sued the worlds largest cryptocurrency exchange in June and has been the regulatory scourge of the crypto world ... Binance Copped a $4 Billion Plea but Is Still Fighting the SEC …

theswim.in

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Binance Kicks Off Oral Arguments In Push To End SEC Lawsuit

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Jan 22, 2024 · Binance agreed to pay $4.3 billion in November to settle with the Department of Justice and the Commodity Futures Trading Commission over illicit finance breaches. Its then …

nasdaq.com

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Binance To Pay $4.3 Billion To Settle US Charges, CZ Steps ... - Gemini

2 weeks from now

Nov 22, 2023 · Binance will pay $4.3 billion and Changpeng Zhao steps down as CEO: On Tuesday, in a tectonic move for the world’s largest crypto exchange, Binance agreed to a $4.3 …

gemini.com

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Binance In Hot Water? SEC Challenges “Confusing” Rules

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Jan 23, 2024 · This legal hurdle for Binance follows a substantial $4.3 billion settlement with the Department of Justice in November, coupled with the departure of ex-CEO Changpeng ‘CZ’ …

coinpedia.org

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Analysis: Binance’s $4.3 Billion Plea Deal Is A Victory For ... - Fortune

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Nov 21, 2023 · It appears Binance may survive its founder and CEO stepping down. But can the crypto exchange thrive under the thumb of U.S. regulators? ... Analysis: Binance’s $4.3 billion …

fortune.com

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US Seeks More Than $4 Billion From Binance To End Criminal Case ...

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Nov 20, 2023 · The U.S. Justice Department is seeking more than $4 billion from Binance Holdings as part of a proposed resolution of a years-long investigation, Bloomberg News …

reuters.com

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Binance Copped A $4 Billion Plea But Is Still Fighting The SEC

2 weeks from now

Dec 4, 2023 · Prosecutors and the Treasury Department had more leverage to get a settlement with the cryptocurrency exchange.

wsj.com

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Binance In Talks To Pay More Than $4B To End U.S. Criminal Case; …

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Nov 20, 2023 · Binance Holding Ltd. would be asked to pay $4 billion to settle U.S. Department of Justice accusations of multiple criminal violations, according to a report from Bloomberg News …

coindesk.com

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US Is Seeking More Than $4 Billion From Binance To End Case (1)

2 weeks from now

Nov 20, 2023 · The US Justice Department is seeking more than $4 billion from Binance Holdings Ltd. as part of a proposed resolution of a years-long investigation into the world’s largest …

bloomberglaw.com

FAQs about Binance and SEC still in contentious battle, but there’s a turn Coupon?

Why did Binance pleaded guilty?

The crypto firm and its founder pleaded guilty last year following a years-long probe. U.S. District Judge Richard Jones approved Binance’s plea deal during a hearing Friday, requiring Binance to pay just over $1.8 billion in fines and forfeit property totaling $2.5 billion, according to the company. ...

How much money did Binance pay in a plea agreement?

As part of the plea agreement, Binance has agreed to forfeit $2,510,650,588 and to pay a criminal fine of $1,805,475,575 for a total financial penalty of $4,316,126,163. Binance has also agreed to retain an independent compliance monitor for three years and remediate and enhance their anti-money laundering and sanctions compliance programs. ...

Will Binance pay a $4.3 billion fine?

As of Wednesday morning, BTC is hovering in the mid $36k range. Binance will pay $4.3 billion and Changpeng Zhao steps down as CEO: On Tuesday, in a tectonic move for the world’s largest crypto exchange, Binance agreed to a $4.3 billion fine to resolve federal criminal charges in the US. ...

What happened to Binance holdings?

Binance Holdings last year agreed to pay $4.3 billion to settle with the U.S. Department of Justice and Commodity Futures Trading Commission, and Zhao pleaded guilty to breaking U.S. laws designed to prevent money laundering. But the SEC's case, which is aimed at Binance's core business model, is still hanging over the firm. ...

Will Binance pay $4.3 billion restitution?

A federal judge approved a plea deal by Binance on Friday, requiring the beleaguered cryptocurrency exchange to pay more than $4.3 billion in fines and restitution, after the company and its founder Changpeng Zhao pleaded guilty late last year to breaking anti-money laundering laws and violating sanctions. ...

Why did Binance pay $4.3 billion & Changpeng Zhao 'CZ'?

Binance will pay $4.3 billion and Changpeng Zhao steps down as CEO: On Tuesday, in a tectonic move for the world’s largest crypto exchange, Binance agreed to a $4.3 billion fine to resolve federal criminal charges in the US. Now-former CEO Changpeng Zhao “CZ”, also agreed to step down and pay a $50 million fine. ...