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Foresight News
Foresight News|Apr 08, 2026 04:06
[Zhao Changpeng Reveals Details of Negotiations with the U.S. Department of Justice: Fine Reduced from $6.8 Billion to $4.3 Billion] Foresight News reports that Zhao Changpeng has detailed the negotiations with the U.S. Department of Justice in his new book *Binance Life*. Throughout 2023, Binance was engaged in intense negotiations with the Department of Justice. Initially, the DOJ demanded $6.8 billion, a figure even the former DOJ lawyers hired by Binance couldn't understand how it was calculated. Zhao Changpeng's side countered with $500 million, and after several rounds of back-and-forth, during which the DOJ issued multiple "final ultimatums," the final settlement was reached at $4.3 billion. At the time, some lawyers suggested, "CZ, if you pay a bit more in fines, the judge might be more lenient in sentencing." However, in court, the DOJ instead argued that the large fine payment was evidence of significant "issues" and called for a harsher sentence.
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Apr 19, 14:05Overview of Important Macro Events and Data for Next Week
Apr 19, 14:05Iran has not yet decided to send a negotiation delegation.
Apr 16, 14:20The specific date for the new round of negotiations between Iran and the United States has not yet been determined.
Apr 13, 22:23Significant progress has been made in negotiations with Iran
Apr 13, 21:47UN Secretary-General calls on all parties in the Middle East conflict to advance peace talks
Apr 13, 20:49The next round of negotiations between the US and Iran may be held on the 16th in Islamabad.
Apr 13, 18:40Trump announces blockade of the Strait of Hormuz
Apr 12, 21:16Iran and the United States' negotiations in Pakistan yielded no results.
Apr 12, 14:24Iran refuses to reopen the Strait of Hormuz
Apr 12, 02:23The U.S. and Iranian delegations left Pakistan one after another.

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