Binance $3.9B USDT move gains community attention amid DoJ settlement claims

Crypto community members on X (formerly Twitter) have turned their focus onto a $3.9 billion Tether (USDT) transaction between Binance wallets that surfaced on social media, following reports claiming that the United States Justice Department is negotiating a $4 billion settlement with the company. 

On Nov. 20, a Bloomberg report citing anonymous sources said that the Justice Department is negotiating an agreement with crypto exchange Binance requiring the company to pay $4 billion in fines. Once paid, the firm will be allowed to operate in the U.S. while complying with its laws. The report said this could be announced as soon as the end of November.

On Nov. 9, Binance transferred 3.9…

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