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Binance Settlements Could End Death-Spiral Fears – And Might Be Good News

While Binance’s deal with the U.S. Department of Justice over anti-money-laundering violations has consequences for Changpeng "CZ" Zhao personally, it could lead to a fresh start for the exchange.

Binance CEO Changpeng Zhao leaves the U.S. District Court in Seattle, Washington. (David Ryder/Getty Images)
Binance CEO Changpeng Zhao leaves the U.S. District Court in Seattle, Washington. (David Ryder/Getty Images)