Binance Rakes in $4.6B Inflows Despite Massive US Fine

Binance, the worlds largest cryptocurrency exchange, has witnessed robust net inflows totaling $4.6 billion since its landmark $4.3 billion settlement with the U.S. government last November. Bloomberg News, citing data from DefiLlama, reported this surprising financial resurgence on Thursday, surpassing the intake of Binances major competitors. Post-Settlement Financial Rebound Binances substantial settlement in November, amounting to $4.3 billion, was part of a guilty plea agreement, acknowledging charges of money laundering and sanctions evasion. Consequently, CEO and founder...


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