Binance Agrees to $4.3B Settlement with DOJ Over Sanctions and AML Violations
• Judge approves Binance's $4.3B plea deal with DOJ over sanctions and AML violations • Deal includes top-line fine, but judge has not yet approved compliance monitor • Settlement announced last November; Zhao to step down as CEO and pleaded guilty • Binance says it has improved compliance programs in recent years • DOJ says deal promotes deterrence and shows consequences for criminal actions in finance