[U.S. Senator Questions Whether Binance Complied with Settlement Agreement]
According to Bloomberg, U.S. Senator Elizabeth Warren is pressuring the Department of Justice to confirm whether Binance has complied with the settlement agreement reached with federal prosecutors in 2023. The agreement involves money laundering and sanctions violations, with Binance agreeing to pay $4.3 billion and accept compliance oversight. The senator also inquired about details of Binance's interactions with Trump administration officials. Prosecutors are considering whether to allow the removal of compliance oversight requirements in the agreement.
