Binance and former CEO CZ Zhao reach a $2.7 billion settlement with U.S. court for regulatory violations.

Binance Pays $2.7B in Major Settlement, CZ Fined $150M by US Court

A U.S. court has recently approved a substantial settlement against the cryptocurrency exchange Binance and its former CEO, Changpeng “CZ” Zhao. As part of the settlement, Binance is required to pay a hefty sum of $2.7 billion, while CZ himself is ordered to pay $150 million to the Commodity Futures Trading Commission (CFTC). This decision, […]

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