The chess match between Binance and the Justice Department may be heading to an endgame. On Tuesday, Bloomberg reported that the parties are discussing a resolution that would see the company pay $4 billion to put an end to its long-running legal troubles with Uncle Sam.
The Bloomberg report is notable because it's the first news of the Binance investigation in months, and comes half a year after industry insiders were certain the Justice Department was going to drop a legal bomb on the company to follow earlier lawsuits by the SEC and the CFTC. The story is also remarkable because, contrary to earlier reports, it suggests Binance might just come through this alive.
