Insider: Binance fined $4.368 billion, including $3.4 billion from the Treasury Department and $0.968 billion from OFAC.

According to a report from Reuters citing anonymous sources, on November 22, the United States will impose a fine of over $4 billion on Binance, which includes $3.4 billion from the Financial Crimes Enforcement Network (FINCEN) of the U.S. Department of the Treasury and $968 million from the Office of Foreign Assets Control (OFAC), totaling $4.368 billion. Court records show that Binance faces three criminal charges, including conducting unauthorized money transfer business, conspiring to commit offenses, and violating international emergency economic powers laws.