JUST IN: Department of Justice Set to Announce Major Settlement with Binance in Today’s Press Conference, Reports Bloomberg

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.

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