Binance Money Laundering Case: Full Details of the $4.3 Billion Fine, CZ's Plea, and Compliance Overhaul
🚨 The $4.3 Billion Reckoning: Analyzing the Binance Money Laundering Case and its Aftermath Explore the seismic Binance money laundering case resolution, where Binance paid over $4 billion and Binance CEO CZ stepped down after pleading guilty to criminal charges. Understand the Bank Secrecy Act violations, the role of Binance US, and the mandated 5-year compliance monitorship reshaping the world's largest crypto exchange. The history of cryptocurrency is a saga of explosive growth, disruptive technology, and intense regulatory friction. No event encapsulates this friction better than the massive legal resolution involving Binance, the world’s largest cryptocurrency exchange, and U.S. government agencies, including the Department of Justice (DOJ), the Treasury Department, and the Commodity Futures Trading Commission (CFTC). This settlement, finalized in late 2023, was not only one of the largest corporate penalties in U.S. history but also triggered the resignation and ...