Binance $3.9B USDT move gains community attention amid DOJ settlement claims By Cointelegraph
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Crypto community members on X (formerly Twitter) have turned their focus to a $3.9 billion (USDT) transaction between Binance wallets that surfaced on social media following reports claiming the United States Department of Justice (DOJ) is negotiating a $4 billion settlement with the company.
On Nov. 20, a Bloomberg report citing anonymous sources said the DOJ is negotiating an agreement with crypto exchange Binance requiring the company to pay $4 billion in fines. Once paid, the firm will be allowed to operate in the U.S. while complying with its laws. The report stated this could be announced as soon as the end of November.
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Crypto community members on X (formerly Twitter) have turned their focus to a $3.9 billion (USDT) transaction between Binance wallets that surfaced on social media following reports claiming the United States Department of Justice (DOJ) is negotiating a $4 billion settlement with the company.
On Nov. 20, a Bloomberg report citing anonymous sources said the DOJ is negotiating an agreement with crypto exchange Binance requiring the company to pay $4 billion in fines. Once paid, the firm will be allowed to operate in the U.S. while complying with its laws. The report stated this could be announced as soon as the end of November.
Continue Reading on Cointelegraph
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