$BNB ##Richard Jones, a judge of the Federal District Court for the Western District of Washington, approved the agreement reached by the prosecutor's office and the Binance🔐 cryptocurrency exchange. In accordance with this agreement, Binance agrees to plead guilty for participating in money laundering and violations related to circumvention of sanctions imposed by the US government.,,,🪙 Binance will pay a fine of $4.3 billion. The company will also be under the special supervision of the law firm Sullivan & Cromwell for five years.

The prosecutor's 🪙office accused Binance of involvement in money laundering, bank fraud, as well as helping Russia and Hamas (recognized as a terrorist organization in the United States) to circumvent American sanctions. Similar accusations were made against the founder and CEO of the exchange Changpeng Zhao. Binance pleaded guilty and agreed to pay about $4 billion back in November. Shortly after, Mr. Zhao announced his resignation from his post.

"Binance received income within the US financial system and did not play by its rules, as a result, criminals used the exchange to transfer millions of dollars of stolen funds and illegal income," the court said. It is reported that this is the largest fine ever imposed on a business specializing in payment services.