![Binance, Changpeng 'CZ' Zhao to Pay $2.85B Fine in CFTC Settlement Binance, Changpeng 'CZ' Zhao to Pay $2.85B Fine in CFTC Settlement](https://digitallifegaming.com/wp-content/uploads/2023/11/NWRVHW3CPBEJ7PHSF5ONPETGLY-768x402.jpg)
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[gpt3] a new article in English that is SEO-optimized and incorporates as many relevant keywords as possible. The article should be based on the information provided in the existing post content. Additionally, please include a dedicated FAQ section and a conclusion section to enhance the reader’s experience
Crypto exchange Binance and its founder, Changpeng “CZ” Zhao will pay nearly $3 billion in fines to the Commodity Futures Trading Commission to settling the regulator’s lawsuit against it. The company is also settling with the U.S. Department of Justice and Treasury Department in parallel actions on Tuesday.[/]
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