BINANCE HISTORY (16/20)
2023: The Hardest Chapter.
But every major story has difficult chapters.
In November 2023, Binance reached a major settlement with U.S. authorities.
Binance agreed to pay $4.3 billion in penalties and undertake significant compliance improvements.
CZ also pleaded guilty to a U.S. Bank Secrecy Act violation and stepped down as CEO.
Every story has happy moments, but there are also difficult ones, and this was one of the hardest blows.
BINANCE HISTORY (15/20)
The Ecosystem Keeps Growing.
Binance continued expanding its infrastructure through products, education, research, investments and Web3 initiatives.
Binance Labs alone reported a portfolio spanning hundreds of projects across dozens of countries.
The strategy was clear:
Don't just build a platform.
Help build the industry.