The outcome of this intense battle will be keenly watched by investors and traders.
A statement on the settlement might be made as soon as the month ends as per Bloomberg.
According to a report from Bloomberg citing persons involved with the talks on November 20th, the US Department of Justice (DOJ) seeks payment for more than $4 billion from Binance Holdings as part of a possible settlement of a years-long probe.
Any decision to the inquiry into the corporation, and the possible heavy penalty that comes with it, is likely to play a major part in shaping investor attitude towards crypto.
Any decision to the inquiry into the corporation, and the possible heavy penalty that comes with it, is likely to play a major part in shaping investor attitude towards crypto.