The US Justice Department is negotiating with Binance in an attempt to resolve its investigation into the company, according to a November 20 report from Bloomberg citing people familiar with the discussions. The agreement would require Binance to pay $4 billion in fines. In return, the company would be allowed to keep operating while complying with US laws. According to the report, the announcement of an agreement “could come as soon as the end of the month.”

*US SEEKS MORE THAN $4 BILLION FROM BINANCE TO END CRIMINAL CASE

Source: Bloomberg | Coins: BNB

— db (@tier10k) November 20, 2023

As part of the agreement, Binance CEO Changpeng Zhao (also known as “CZ”) would face the…

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