The US Justice Department is seeking more than $4 billion from Binance Holdings Ltd. as part of a proposed resolution of a years-long investigation, Bloomberg News reported. Negotiations between the Justice Department and Binance include the possibility that its founder Changpeng Zhao would face criminal charges in the US under an agreement to resolve the probe into alleged money laundering, bank fraud and sanctions violations, according to people familiar with the discussions.
Evercore ISI downgraded shares of Airbnb (NASDAQ:ABNB – Free Report) from an outperform rating to an in-line rating in a report published on Friday morning, MarketBeat reports. They currently have $136.00 target price on the stock. Several other equities research analysts have also commented on the company. Credit Suisse Group upped their target price on […]
BNB, the native token of the Binance cryptocurrency exchange has fallen 7% amid rumors that the company is preparing to pay a $4.3 billion fine to settle criminal char.