According to BeInCrypto, the U.S. Department of Justice is reviewing whether Binance violated the terms of a $4.3 billion settlement it reached with prosecutors in 2023. On October 9, Tysen Duva, head of the Justice Department’s Criminal Division, told Bloomberg that federal officials are examining Binance’s compliance with the agreement. The review comes less than three years after the exchange paid the amount to resolve a U.S. criminal case.
The investigation focuses on whether Binance adhered to the conditions set by the 2023 settlement. No details about potential fines, timelines, or additional actions have been released. Duva’s statement confirms only that officials are reviewing the exchange’s compliance status at this time.
