Crypto exchange Binance is in talks with US regulators to settle criminal charges and related investigations, according to people familiar with the matter. 

The US Department of Justice could collect more than $4 billion from the settlement agreement, Bloomberg reported Monday. The exchange, which currently faces a civil suit in the US from the US Securities and Exchange Commission, has been in talks with the DOJ for years, the report added. 

The proposed deal between DOJ and Binance would continue to let the exchange operate, bypassing a possible collapse and ramifications, while also giving law enforcement access to the exchange’s expansive database. People familiar with the…

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