The article reports on an upcoming announcement by the U.S. Department of Justice (DOJ) regarding a settlement with the cryptocurrency exchange Binance. U.S. Attorney General Merrick Garland is scheduled to hold a press conference at 3 pm ET to discuss the matter, which is part of “separate but related cryptocurrency enforcement actions,” according to the DOJ. The settlement is a result of a years-long investigation, with the Justice Department reportedly seeking over $4 billion from Binance. The information comes from sources familiar with the situation, as detailed by Bloomberg News.