The U.S. Department of Justice is considering fraud charges against <a target="_blank" href="https://tokeninsight.com/en/exchanges/binance" rel="noopener noreferrer nofollow">Binance</a>, but also worries that the move could cause a run on the exchange and spur a panic in the crypto markets, Semafor reports. 
According to people familiar with the matter, the DOJ is also considering other options, such as fines and deferred or non-prosecution agreements. 
The <a target="_blank" href="https://tokeninsight.com/en/coins/binance-coin/overview" rel="noopener noreferrer nofollow">$BNB</a> price dropped immediately after the report was published. According to TokenInsight data, the price of $BNB dropped 3.04% over the last 24 hours, trading at $240.29 now. 
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 <img src="https://s2.tokeninsight.com/static/news/content/img/bnb_8.3.png"> 
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Earlier this year, Binance was sued by the US Commodity Futures Trading Commission and Securities and Exchange Commission. 
Related: <a target="_blank" href="https://tokeninsight.com/en/news/cz-and-binance-sued-by-cftc" rel="noopener noreferrer nofollow">CZ and Binance Sued by CFTC</a> 
<a target="_blank" href="https://tokeninsight.com/en/news/sec-sues-binance-and-ceo-changpeng-zhao-for-securities-law-violations" rel="noopener noreferrer nofollow">SEC Sues Binance and CEO Changpeng Zhao for Securities Law Violations</a> 
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US DOJ Considers Suing Binance, But Worries about Potential Run on Exchange

TokenInsight

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