The US Department of Justice (DOJ) demanded more than $4 billion from Binance, the world’s largest cryptocurrency exchange, to conclude ongoing investigations.
by Bloomberg 20 November In the news presented on DOJ Binance Details of the agreement attempted to be reached between the parties were included. In order for the investigations against Binance to be concluded safely, DOJ from 4 billion dollars He demanded overpayment.
If Binance accepts this offer, the DOJ will technically give Binance case opener. However, this case will be a case with a certain outcome, and if Binance accepts the accusations and pays the amount of more than 4 billion dollars, the process can be concluded quickly.
Although the Binance front continues to remain silent, it seems likely that it will make a statement by the end of the month. of the stock market from 4 billion dollars He is expected to pay the excess money and reach a compromise.
First in March this year US Commodity Futures Trading Commission (CFTC) He filed a lawsuit against Binance. Then we passed June In June, the US Securities and Exchange Commission (SEC) filed a lawsuit against Binance for misusing customer funds as well as on 13 charges was found and filed a lawsuit. The accusations included lying to regulators and investors about the exchange’s operations.
Movement in BNB price
Seconds after this proposal by the DOJ BNB price quickly 5% decrease lived. BNB/USDT on Binance futures parity 247 dollar from the band 233 to the dollar decreased by . However, after a short time, the market interpreted this news positively and gave a sudden reaction, causing a significant increase in the price.
According to CoinGecko data, it is in the $ 244 range 266 to the dollar much a 10% increase witness BNB, at the time of writing from $259 is being traded.