WASHINGTON, D.C.: Binance Holdings Ltd., the world's biggest cryptocurrency exchange, is to pay $4.3 billion for violations of anti-money laundering and sanctions laws in a settlement approved by a US judge on Friday.

BARRED Binance CEO Changpeng Zhao leaves the US District Court on Nov. 21, 2023, in Seattle, Washington. Zhao is forbidden to leave by a US federal judge on Monday, November 27, after he pleaded guilty to a money-laundering charge. AFP PHOTO
BARRED Binance CEO Changpeng Zhao leaves the US District Court on Nov. 21, 2023, in Seattle, Washington. Zhao is forbidden to leave by a US federal judge on Monday, November 27, after he pleaded guilty to a money-laundering charge. AFP PHOTO

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