- Binance has been involved in massive crypto sales this year.
- The nature of Binance’s sales suggests it has paid its DOJ fine.
- Analysts think the Binance sell-off contributed to the recent crypto market decline.
The Binance cryptocurrency exchange has conducted massive crypto sales this year. Binance’s actions and the nature of the sales suggest the exchange is quietly paying its DOJ $4.3 billion fine. The DOJ fined Binance for breaking the law and not complying with the procedure set out by the US.
Analyst Flags Binance Crypto Disposals Matching DOJ Fine Amount
A crypto market observer who noticed Binance’s secret transactions reported that the DOJ gave a deadline of March 2025 for Binance to pay the fine in “forfeited property.”
The observer analyzed Binance’s cryp…
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