Binance Expands Payments Service to US Amidst DOJ Probe Rumors: What's Next?
Binance is making headlines again! Even amidst swirling rumors of a settlement with the U.S. Department of Justice (DOJ), the cryptocurrency exchange is expanding its payments service to the US. This move by Binance was viewed as a bold one considering the ongoing rumors about the firm being investigated.
DOJ Seeks Over $4 Billion from Binance
The U.S. Justice Department (DOJ) is reportedly seeking over $4 billion from leading cryptocurrency exchange Binance to resolve a long-running investigation, according to multiple reports. The U.S. Department of Justice (DoJ) is reportedly seeking over $4 billion from Binance Holdings Ltd. as part of the proposed resolution of the lengthy investigation. This potential settlement, as reported by Bloomberg, could involve the US government willing to suspend criminal charges against crypto exchange Binance, provided it steps into line and pays $4 billion. The proposed deal between Binance and the DoJ would bring to an end a multiyear investigation by prosecutors that has focused on bank fraud, sanctions violations.
Impact on Binance Coin (BNB) and the Crypto Market
News of the potential settlement and the expansion of Binance's services are having a noticeable effect on the crypto market. Binance Coin led a rally in digital asset prices after reports that the Department of Justice (DOJ) is seeking more than US$4 billion (S$5.3 billion). However, uncertainty remains high as the crypto community analyzes the situation. Over the last couple of days, discussions about the investigations have been rampant online.
Tether (USDT) Transaction Raises Eyebrows
Adding to the intrigue, Crypto community members on X (formerly Twitter) have turned their focus to a $3.9 billion Tether (USDT) transaction between Binance wallets that surfaced recently. This transaction has sparked speculation and further scrutiny within the crypto space. The United States Department of Justice must allocate more of its substantial $4.3 billion settlement with Binance into a fund designated for victims of state.
Looking Ahead
While the future remains uncertain, Binance's expansion plans in the US signal continued commitment to the market. The outcome of the DOJ probe and its impact on the overall crypto landscape remain key factors to watch. Stay tuned for further updates as this story develops. 26 de sept. de 2025