Sources familiar with the matter revealed that the CEO of Binance plans to resign and has admitted to violating US anti-money laundering criminal requirements. This move may allow the company to continue operating.

According to OKX market data on November 22nd, BNB fell nearly 10% in a short period of time and is now priced at $242.

According to Bloomberg Terminal information on November 22, Binance founder CZ appeared in a Seattle court. As previously reported by BlockBeats, US regulators today imposed a $4.3 billion fine on the world's largest cryptocurrency trading platform Binance. Founder CZ agreed to resign and plead guilty, and will not be allowed to hold executive positions at Binance, but will still retain the majority of Binance's equity. CZ will also personally appear in federal court in Seattle on Tuesday afternoon to plead his case.

According to Forbes, Binance founder and CEO CZ is discussing resigning after the criminal investigation is over.

According to information on the Tron chain, an address labeled "Binance-Cold 2" transferred over 3.9 billion USDT to a hot wallet address labeled "Binance 3" on November 9th. The US Department of Justice will announce a cryptocurrency enforcement action on November 22nd at 4:00 and will announce a settlement agreement with Binance at an early morning press conference. Reported yesterday that the US Department of Justice is seeking a fine of over $4 billion from Binance to settle related criminal charges.

According to sources, Marcus Bacchi-Howard, the institutional client manager at Binance, has resigned. According to his LinkedIn profile, Marcus Bacchi-Howard left Binance in November 2023. Marcus Bacchi-Howard worked at Morgan Stanley for ten years before becoming a derivatives trader and joining Binance in May 2022.

On November 21st, according to information on the Tron blockchain, an address labeled "Binance-Cold 2" transferred over 3.9 billion USDT to a hot wallet address labeled "Binance 3" on November 9th. Earlier this morning, it was reported that the US Department of Justice is seeking over $4 billion in fines from Binance to settle related criminal charges, with the plan potentially being released by the end of this month.

The U.S. Department of Justice is seeking $4 billion from crypto exchange Binance as part of a deal that could end its ongoing investigation.

According to official announcement, Binance Leveraged Tokens will remove the SOL/BUSD full position and isolated position trading pairs on November 30, 2023 at 14:00 (GMT+8).

According to an official announcement , Binance Security Warehouse and Perpetual Contract Leverage have added more trading pairs.