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BNB pops after report that DOJ wants $4B settlement with Binance

Published 11/20/2023, 11:20 PM
Updated 11/21/2023, 01:00 AM
BNB/USD
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BNB (BNB) has gained over 7% in the last day after Bloomberg reported that the United States Department of Justice is contemplating a $4 billion settlement with Binance to resolve its investigation into the company.

Cointelegraph Markets Pro shows BNB spiked 6% to $262 in around 30 minutes after Bloomberg’s Nov. 20 report, which said Binance was negotiating an agreement to resolve a DOJ probe into alleged sanctions violations, money laundering and fraud.

BNB has seen an over 7% gain in the last 24 hours. Source: Cointelegraph Markets Pro

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