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Binance, Changpeng 'CZ' Zhao Handing Over Record $1.35B Fine in CFTC Settlement

The company's CFTC penalties, which were paired with an agreement to give back a separate $1.35 billion to wronged customers, are a big piece of the $4.3 billion in total cash going to the U.S. government, including the U.S. DOJ and Treasury.

CFTC Chair Rostin Behnam speaks at a press conference on Nov. 21, 2023. (Jesse Hamilton/CoinDesk)
CFTC Chair Rostin Behnam speaks at a press conference on Nov. 21, 2023. (Jesse Hamilton/CoinDesk)