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People familiar with the matter: Binance’s fine is $4.368 billion, including $3.4 billion from the Treasury Department and $968 million from OFAC

People familiar with the matter: Binance’s fine is $4.368 billion, including $3.4 billion from the Treasury Department and $968 million from OFAC

CointimeCointime2023/11/21 18:21
By:Cointime

According to sources cited by Reuters, the United States will impose a fine of over $4 billion on Binance, including $3.4 billion from the Financial Crimes Enforcement Network (FINCEN) of the US Treasury Department and $968 million from the Office of Foreign Assets Control (OFAC) (totaling $4.368 billion).

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