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It has also attracted a lot more members and recorded a outstanding trade volume that soared beyond $15 billion. The breakdown of the penalties is a whooping payment of $2.7 billion for illegal exchange. Parts of the fines are $1.35 billion in compensation for illegally acquired transaction charges and a $1.35 billion fine remitted to the Commodity Futures Trading Commission. Shockingly, Samuel Lin, the former CCO of Binance, also went residence with a civil monetary fine of $1.five million. In an unexpected turn, the recent unfavorable court verdict against Binance has positively impacted $ BNB's cost. This news is an exciting development for the Binance neighborhood and the cryptocurrency market place as a entire.

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