Binance Ready to Pay Future U.S. Fines for Past Mistakes

Binance, the world’s largest cryptocurrency exchange, is ready to pay fines to US regulators to make up for its past mistakes.

Binance Strategy Manager Patrick Hillmanspoke about ongoing US-based investigations in a recent interview with the Wall Street Journal (WSJ). Hilmann, although recently Binance crypto credibility And cooperation with states Although prominent in terms of for past behavior He said he could face penalties from regulatory agencies.

Stating that they are working with regulatory agencies to solve this situation, Hilmann said that they are working with the USA. probably a fine He added that he will come:

We are working with regulators to understand what moves we need to take now to make up for past situations. The result will likely be a fine, but there could be more. We don’t know. Regulators will decide this.

On the other hand, Hillman, who continues to maintain his goodwill in the face of the coming punishment, said that this situation that it will enable them to leave behind the wrong moves made in the past. stressed.

source site-9