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Foresight News
Foresight News|4月 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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Timeline

5月 06, 14:05Three Key Issues in CLARITY Act Negotiations
5月 06, 06:06China's Big Fund plans to lead the first round of financing for DeepSeek
5月 03, 07:15Iran negotiations require Supreme Leader's approval
5月 01, 10:41SBI Holdings initiates negotiations for potential equity acquisition of Bitbank
4月 29, 16:47The 《Clarity Act》 is nearing completion.
4月 27, 06:40Iran's coastal security threats affect the Sea of Oman and the Persian Gulf
4月 26, 22:11U.S. Response to Iran's Threats by Ghalibaf
4月 24, 00:22Cognition is in financing negotiations at a valuation of $25 billion.
4月 23, 21:26The ceasefire in the U.S.-Iran situation exists in name only, with maximum pressure in full effect.
4月 23, 11:37Iran and the United States may achieve a breakthrough in preparations for negotiations

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