Dec 02, 2023 07:22 PM
FINANCE
Binance’s VIP Traders Got Sneak Peek of Record U.S. Crypto Penalty
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Photo: Bloomberg
(Bloomberg) — As the contours of Binance Holdings Ltd.’s multibillion-dollar settlement with U.S. authorities coalesced in September, some of its biggest traders who were in Singapore attending a conference got a preview.
The bottom line, served alongside a haute, Binance-hosted private dinner in a bustling nightlife district: the largest crypto exchange in the world would survive its American legal troubles.
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