Binance gave VIP traders a heads up on $4B settlement: Bloomberg

Binance reportedly held a dinner for its biggest market makers ahead of the $4 billion settlement announcement with the Department of Justice. 

The topic at hand? According to Bloomberg: the settlement. The dinner was held in a Singapore night club and took place back in September; months before the $4 billion figure was made publicly reported and the settlement was officially announced. 

“After conversations with company representatives present at the dinner, some VIP guests were left convinced that the firm would pay that sum — an amount Binance could easily afford,” the Bloomberg report claimed.

Former CEO Changpeng Zhao was also, according to the report, absent from the…

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