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Binance Hit with $4.3 Billion Penalty for AML Breaches - The Crypto Times

Retrieved on: 2024-02-23 22:31:17

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Binance Hit with $4.3 Billion Penalty for AML Breaches - The Crypto Times. View article details on HISWAI: https://www.cryptotimes.io/2024/02/24/binance-hit-with-4-3-billion-penalty-for-aml-breaches/

Summary

The article describes how Binance, a major cryptocurrency exchange led by Changpeng Zhao, was penalized $4.3 billion after pleading guilty to legal violations, signaling a crackdown on non-compliant crypto exchanges like Coinbase and Kraken.

Article found on: www.cryptotimes.io

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