Quote from: zasad@ on November 23, 2023, 09:50:35 AM

Quote from: pawel7777 on November 22, 2023, 05:58:12 PM

Wow. This is insane. I did not see that coming.
Are we sure that $4.3 billion is the correct figure and not typing error? Fincen is reporting on $3.4 billion, which is the highest settlement in US history:

I quoted the news, but as I understand it, 4.3 billion is the total amount of fines, otherwise there are errors in many news stories.
https://www.theguardian.com/business/2023/nov/21/binance-settlement-crypto-exchange
"The attorney general Merrick Garland said at a press conference that the total of $4.3bn in fines Binance and Zhao had agreed to pay as part of guilty pleas was one the largest penalties the justice department had ever obtained from a criminal matter."

The total fees associated with this settlement exceed $4 billion, comprising a forfeiture of $2.5 billion, a fine of $1.8 billion, and personal payments from Zhao amounting to about $50 million. https://crypto.news/zhaos-resignation-and-guilty-plea-a-new-era-for-binance-and-crypto/