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...
source:
https://tokenpost.com/Binance-Rakes-in-46B-Inflows-Despite-Massive-US-Fine-11121
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