Binance to Face Unprecedented Oversight by US Authorities Following $4B Plea Deal
• U.S. government will have robust oversight over Binance following $4B+ fine and plea deal • Independent monitor appointed to assess Binance's compliance with plea terms • Monitor has extensive access to Binance's operations, documents, employees, etc. • Monitor can choose not to inform Binance of findings in certain situations • Level of supervision over Binance by DOJ/FinCEN is unprecedented for a global financial firm