TechFlow reports that CCTV-2's Zhengdian Finance program covered the news during today's noon broadcast regarding "Binance reaching a $4.3 billion settlement with the U.S. government, with Binance's founder pleading guilty to money laundering charges."
Previous report: In response to "Coinbase executive suggests Binance may fully pay the $4.3 billion fine without selling crypto assets," Richard Teng, Binance's new CEO, reposted and commented: "Our business foundation is very strong. Binance continues to operate the world's largest cryptocurrency exchange by trading volume, we have a debt-free capital structure, moderate expenses, and despite charging low fees to our users, our revenue and profits remain robust."
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