FTX hits Binance with lawsuit over Sam Bankman-Fried transactions Legal FTX launched legal action against Binance, seeking the return of almost $1.8bn that was allegedly transferred fraudulently.
Judge approves Binance £3.4bn guilty plea as US seeks to modify founder Zhao’s bond Cryptocurrency A US judge on Friday accepted Binance’s guilty plea and more than $4.3bn (£3.4bn) penalty for violating federal anti-money laundering and sanctions laws through lapses in internal controls at the world’s largest cryptocurrency exchange. US district judge Richard Jones in Seattle approved the plea, which includes a $1.8bn (£1.4bn) criminal fine and $2.5 (£2bn) billion [...]