US court approves settlement against Binance, paying $2.7B to CFTC

Former Binance CEO Changpeng “CZ” Zhao has been ordered to pay $150 million while Binance will pay $2.7 billion to conclude the CFTC enforcement action.

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Tags: binance cftc, binance cftc settlement, Binance, Binance Holdings Limited, CFTC, Commodity Futures Trading Commission, U.S. District Court, Illinois, settlement

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