Binance’s Controversial Settlement: A Closer Look

In November, a significant settlement involving Binance, the world-renowned cryptocurrency exchange, and its founder Changpeng Zhao, caught the attention of the financial world. The U.S. Department of Justice’s settlement imposed a hefty $4.3 billion fine and mandated Zhao’s resignation as CEO. This action, initially hailed as a landmark enforcement, raises questions about its sufficiency given … Read more