Binance Coin (BNB) price reaches $400, marking a significant rebound despite Binance’s legal issues
Binance, the world’s largest crypto exchange, has seen its native crypto, BNB coin breaking the $400 mark for the first time since May 2022, surging by over 3%. This comes despite facing legal issues in the US. Trying to solve the issue, the exchange agreed to a $4.3 billion plea deal. This hefty sum was paid to address charges related to anti-money laundering and sanctions violations. In addition, Binance‘s legal issues stem from admissions of facilitating transactions for “terrorist groups” like “Hamas”, underscoring the gravity of their compliance lapses. Furthermore, the plea deal mandates the appointment of an independent compliance