You may be interested in: NFT Series that Surpassed the Price of Bored Ape Yacht Club NFTs

As known, Binance was fined in 2023 for crimes such as money laundering and had agreed to pay a $4.3 billion fine.

US prosecutors have appealed to a federal judge and demanded that Binance accept the defense agreement. Also, according to prosecutors, Binance knowingly and intentionally violated the country’s economic sanctions laws and deserved its penalty for this reason.

The prosecutors added that high-ranking company executives were also involved, and this situation resulted in consequences worth millions of dollars.

According to a defense agreement in a federal court in Seattle, Binance can be monitored for 5 years systematically.

In addition, another opinion of the prosecutors was as follows:

Binance was not implementing an anti-money laundering program and was using the US financial system and its customers for its interests.

Moreover, the former CEO of Binance, Changpeng Zhao (CZ) had already clarified this situation by accepting the allegations that he laundered money. As expected, there is a possibility that CZ may be sentenced to up to 10 years in prison. However, there is also a defense agreement stating that he cannot be sentenced to more than 18 months.

We will update you on developments in the future.

Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don’t forget to follow us on Telegram, YouTube and Twitter for the latest news and updates.

The post Request from US Prosecutors to Bitcoin Exchange Binance appeared first on Coin Engineer.

This move will enable Binance users to trade with low spreads and explore different crypto projects. A detailed guide will be published soon, providing users with essential information about each pair.

To stay updated on the new pairs, users should regularly check Binance’s official social media accounts and the platform. However, it’s crucial to remember that cryptocurrency investments involve risks, and conducting thorough research is important.

This step is seen as part of Binance’s strategy to appeal to a broader audience in the cryptocurrency world and is closely monitored by the crypto community.

Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Bitcoin Exchange Binance Lists 10 New Trading Pairs! appeared first on Coin Engineer.