CoinGape
2023-12-19 04:45:18

Binance and CFTC Reach a $1.35 Billion Settlement, CZ to Pay $150 Million

In a significant development, the U.S. District Court for the Northern District of Illinois has approved and entered a consent order of permanent injunction, civil monetary penalty, and equitable relief against Changpeng Zhao and Binance Holdings Limited. The Commodity Futures Trading Commission (CFTC) announces the court’s approval of the settlement. Binance to Pay CFTC $1.35 The post Binance and CFTC Reach a $1.35 Billion Settlement, CZ to Pay $150 Million appeared first on CoinGape .

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