Justice Department Seeks Over $4 Billion from Binance, Criminal Charges Possible Against Founder
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U.S. Justice Department seeking more than $4 billion from Binance to resolve investigation
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Negotiations include possibility of criminal charges against Binance founder Changpeng Zhao
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Resolution expected to impact investor sentiment toward crypto industry
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Binance under Justice Department scrutiny since at least 2018 over anti-money laundering compliance
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Binance faces other U.S. legal issues including SEC lawsuit and CFTC charges of operating illegal exchange