{"id":561861,"date":"2023-11-22T02:00:52","date_gmt":"2023-11-22T02:00:52","guid":{"rendered":"https:\/\/wncen.com\/?p=561861"},"modified":"2024-06-11T14:31:23","modified_gmt":"2024-06-11T14:31:23","slug":"bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation\/","title":{"rendered":"BNB Plummets 10% Amid Binance’s $4.3 Billion Settlement And CEO’s Impending Resignation"},"content":{"rendered":"

Binance Coin (BNB), the native token of the Binance cryptocurrency exchange, has experienced a sharp decline of 10% following reports that Binance is preparing to <\/span>settle criminal charges<\/span><\/a> with the US Department of Justice (DOJ) through a $4.3 billion fine.\u00a0<\/span><\/p>\n

Binance CEO To Plead Guilty<\/span><\/h2>\n

The Wall Street Journal has <\/span>disclosed <\/span><\/a>that Binance CEO Changpeng Zhao (CZ), commonly known as CZ, will plead guilty to violating criminal anti-money laundering requirements.\u00a0<\/span><\/p>\n

Concurrently, Binance will also plead guilty to a criminal charge related to anti-money laundering violations, resulting in a significant fine. Furthermore, CZ is expected to step down as CEO, with Richard Teng being considered as a <\/span>potential successor<\/span><\/a>.<\/span><\/p>\n

Changpeng Zhao<\/span><\/a> is scheduled to appear before a federal court in Seattle to enter his guilty plea. This crucial legal step can further impact BNB’s price action as investors assess the implications of CZ’s admission of guilt regarding violating anti-money laundering requirements.\u00a0<\/span><\/p>\n

Related Reading: Analyst Sets $30,000 Floor For Bitcoin, But Can We Forget 2021\u2019s Misfire?<\/a><\/div>\n

The reported settlement involves Binance pleading guilty to a criminal charge related to anti-money laundering violations, leading to a hefty $4.3 billion fine. This substantial sum encompasses payments to settle civil allegations made by regulators.\u00a0<\/span><\/p>\n

These developments occur in an increasingly stringent regulatory environment in the cryptocurrency industry. The recent charges brought by the SEC <\/span>against Kraken<\/span><\/a> further highlight the regulatory scrutiny faced by industry players.\u00a0<\/span><\/p>\n

Additionally, market participants <\/span>anticipate significant enforcement actions<\/span><\/a> by the DOJ, which adds to the atmosphere of uncertainty and apprehension.<\/span><\/p>\n

Will CZ’s Statement Halt BNB Downtrend?\u00a0<\/span><\/h2>\n

Despite the shocking revelation surrounding Binance’s leadership and its impact on the crypto community, there may still be hopes for a potential recovery of <\/span>Binance Coin<\/span><\/a> and the overall crypto market as the case reaches its conclusion.<\/span><\/p>\n

With CZ reaching a settlement with the US Department of Justice (DOJ) and pleading guilty to criminal charges, the exchange can breathe a sigh of relief, knowing that regulatory agencies have addressed their concerns and potential legal action.<\/span><\/p>\n

Related Reading: From Cool-Off To Takeoff: How XRP\u2019s Current Value Signals An Imminent Market Triumph<\/a><\/div>\n

Furthermore, this settlement could be seen as a victory for regulators, particularly in light of the ongoing legal battles between the US Securities and Exchange Commission (SEC) and Ripple Labs, which involve the cryptocurrency XRP.\u00a0<\/span><\/p>\n

A favorable outcome in these cases could potentially boost confidence in the broader crypto industry and drive prices higher.<\/span><\/p>\n

\"BNB\"
BNB’s pullback as CZ resigns as head of Binance on the daily chart. Source: BNBUSDT on TradingView.com<\/a><\/figcaption><\/figure>\n

Currently, BNB is trading at $240, showing<\/span> signs of recovery <\/span><\/a>from its recent drop, which briefly touched $235 but managed to stay above the critical support level of $232.\u00a0<\/span><\/p>\n

In further declines, BNB bulls will need to hold the support levels at $228, $217, and $214 to prevent the token from dropping below the critical level of $200.<\/span><\/p>\n

However, suppose Changpeng Zhao and the new Binance CEO can provide a statement that reassures the community and instills a sense of calm. In that case, it may bring a renewed positive sentiment and potentially halt the current downtrend for BNB.<\/span><\/p>\n

The unfolding of the situation, the next steps for the exchange, and CZ’s fate remain to be seen. The community and market participants eagerly await further developments and announcements shaping the future of Binance and its native token, BNB.<\/span><\/p>\n

Featured image from Shutterstock, chart from TradingView.com\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Binance Coin (BNB), the native token of the Binance cryptocurrency exchange, has experienced a sharp decline of 10% following reports that Binance is preparing to settle criminal charges with the US Department of Justice (DOJ) through a $4.3 billion fine.\u00a0 Binance CEO To Plead Guilty The Wall Street Journal has disclosed that Binance CEO Changpeng Zhao (CZ), commonly known as CZ, will plead guilty to violating criminal anti-money laundering requirements.\u00a0 Concurrently, Binance will also plead guilty to a criminal charge related to anti-money laundering violations, resulting in a significant fine. Furthermore, CZ is expected to step down as CEO, with Richard Teng being considered as a potential successor. Changpeng Zhao is scheduled to appear before a federal court in Seattle to enter his guilty plea. This crucial legal step can further impact BNB’s price action as investors assess the implications of CZ’s admission of guilt regarding violating anti-money laundering requirements.\u00a0 Related Reading: Analyst Sets $30,000 Floor For Bitcoin, But Can We Forget 2021\u2019s Misfire? The reported settlement involves Binance pleading guilty to a criminal charge related to anti-money laundering violations, leading to a hefty $4.3 billion fine. This substantial sum encompasses payments to settle civil allegations made by regulators.\u00a0 These developments occur in an increasingly stringent regulatory environment in the cryptocurrency industry. The recent charges brought by the SEC against Kraken further highlight the regulatory scrutiny faced by industry players.\u00a0 Additionally, market participants anticipate significant enforcement actions by the DOJ, which adds to the atmosphere of uncertainty and apprehension. Will CZ’s Statement Halt BNB Downtrend?\u00a0 Despite the shocking revelation surrounding Binance’s leadership and its impact on the crypto community, there may still be hopes for a potential recovery of Binance Coin and the overall crypto market as the case reaches its conclusion. With CZ reaching a settlement with the US Department of Justice (DOJ) and pleading guilty to criminal charges, the exchange can breathe a sigh of relief, knowing that regulatory agencies have addressed their concerns and potential legal action. Related Reading: From Cool-Off To Takeoff: How XRP\u2019s Current Value Signals An Imminent Market Triumph Furthermore, this settlement could be seen as a victory for regulators, particularly in light of the ongoing legal battles between the US Securities and Exchange Commission (SEC) and Ripple Labs, which involve the cryptocurrency XRP.\u00a0 A favorable outcome in these cases could potentially boost confidence in the broader crypto industry and drive prices higher. Currently, BNB is trading at $240, showing signs of recovery from its recent drop, which briefly touched $235 but managed to stay above the critical support level of $232.\u00a0 In further declines, BNB bulls will need to hold the support levels at $228, $217, and $214 to prevent the token from dropping below the critical level of $200. However, suppose Changpeng Zhao and the new Binance CEO can provide a statement that reassures the community and instills a sense of calm. In that case, it may bring a renewed positive sentiment and potentially halt the current downtrend for BNB. The unfolding of the situation, the next steps for the exchange, and CZ’s fate remain to be seen. The community and market participants eagerly await further developments and announcements shaping the future of Binance and its native token, BNB. Featured image from Shutterstock, chart from TradingView.com\u00a0<\/p>\n","protected":false},"author":589,"featured_media":561862,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[10768,86230,13295,13291,86864,88616,84195,83605,11427,88003,84501,87132,88002,89162,89186,86483,79524,79611,13447,16673],"class_list":["post-561861","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-binance","tag-binance-ceo","tag-binance-chain","tag-binance-coin","tag-binance-coin-bnb","tag-binance-coin-analysis","tag-binance-crypto-exchange","tag-binance-news","tag-bnb","tag-bnb-analysis","tag-bnb-burn","tag-bnb-chain","tag-bnb-coin","tag-bnb-liquidation","tag-bnb-news","tag-bnb-price","tag-bnbusd","tag-bnbusdt","tag-zhao-changpeng","tag-zhao-changpeng-binance"],"acf":[],"yoast_head":"\nBNB Plummets 10% Amid Binance's $4.3 Billion Settlement And CEO's Impending Resignation<\/title>\n<meta name=\"description\" content=\"BNB has experienced a sharp decline of 10% following reports that Binance is preparing to settle criminal charges with the US DOJ.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BNB Plummets 10% Amid Binance's $4.3 Billion Settlement And CEO's Impending Resignation\" \/>\n<meta property=\"og:description\" content=\"BNB has experienced a sharp decline of 10% following reports that Binance is preparing to settle criminal charges with the US DOJ.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-22T02:00:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T14:31:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/shutterstock_download-18.jpg?fit=462%2C260\" \/>\n\t<meta property=\"og:image:width\" content=\"462\" \/>\n\t<meta property=\"og:image:height\" content=\"260\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ronaldo Marquez\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Rmmcapital\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ronaldo Marquez\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation\/\"},\"author\":{\"name\":\"Ronaldo Marquez\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c\"},\"headline\":\"BNB Plummets 10% Amid Binance’s $4.3 Billion Settlement And CEO’s Impending Resignation\",\"datePublished\":\"2023-11-22T02:00:52+00:00\",\"dateModified\":\"2024-06-11T14:31:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation\/\"},\"wordCount\":577,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/shutterstock_download-18.jpg?fit=462%2C260\",\"keywords\":[\"Binance\",\"Binance CEO\",\"Binance Chain\",\"Binance Coin\",\"Binance Coin (BNB)\",\"Binance coin analysis\",\"Binance crypto exchange\",\"binance news\",\"BNB\",\"BNB analysis\",\"BNB burn\",\"bnb chain\",\"BNB Coin\",\"BNB liquidation\",\"BNB news\",\"BNB Price\",\"BNBUSD\",\"bnbusdt\",\"Zhao Changpeng\",\"Zhao Changpeng Binance\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation\/\",\"url\":\"https:\/\/wncen.com\/news\/bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation\/\",\"name\":\"BNB Plummets 10% Amid Binance's $4.3 Billion Settlement And CEO's Impending Resignation\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/shutterstock_download-18.jpg?fit=462%2C260\",\"datePublished\":\"2023-11-22T02:00:52+00:00\",\"dateModified\":\"2024-06-11T14:31:23+00:00\",\"description\":\"BNB has experienced a sharp decline of 10% following reports that Binance is preparing to settle criminal charges with the US DOJ.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/shutterstock_download-18.jpg?fit=462%2C260\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/shutterstock_download-18.jpg?fit=462%2C260\",\"width\":462,\"height\":260,\"caption\":\"BNB\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"BNB Plummets 10% Amid Binance’s $4.3 Billion Settlement And CEO’s Impending Resignation\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c\",\"name\":\"Ronaldo Marquez\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g\",\"caption\":\"Ronaldo Marquez\"},\"description\":\"Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision. Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities. Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth. However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape. Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge. With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.\",\"sameAs\":[\"https:\/\/instagram.com\/itsmarquez_fr?igshid=ZDdkNTZiNTM=\",\"https:\/\/x.com\/Rmmcapital\"],\"url\":\"https:\/\/wncen.com\/author\/ronaldomarquez\/\"}]}<\/script>\n","yoast_head_json":{"title":"BNB Plummets 10% Amid Binance's $4.3 Billion Settlement And CEO's Impending Resignation","description":"BNB has experienced a sharp decline of 10% following reports that Binance is preparing to settle criminal charges with the US DOJ.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation\/","og_locale":"en_US","og_type":"article","og_title":"BNB Plummets 10% Amid Binance's $4.3 Billion Settlement And CEO's Impending Resignation","og_description":"BNB has experienced a sharp decline of 10% following reports that Binance is preparing to settle criminal charges with the US DOJ.","og_url":"https:\/\/wncen.com\/news\/bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-11-22T02:00:52+00:00","article_modified_time":"2024-06-11T14:31:23+00:00","og_image":[{"width":462,"height":260,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/shutterstock_download-18.jpg?fit=462%2C260","type":"image\/jpeg"}],"author":"Ronaldo Marquez","twitter_card":"summary_large_image","twitter_creator":"@Rmmcapital","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Ronaldo Marquez","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation\/"},"author":{"name":"Ronaldo Marquez","@id":"https:\/\/wncen.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c"},"headline":"BNB Plummets 10% Amid Binance’s $4.3 Billion Settlement And CEO’s Impending Resignation","datePublished":"2023-11-22T02:00:52+00:00","dateModified":"2024-06-11T14:31:23+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation\/"},"wordCount":577,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/shutterstock_download-18.jpg?fit=462%2C260","keywords":["Binance","Binance CEO","Binance Chain","Binance Coin","Binance Coin (BNB)","Binance coin analysis","Binance crypto exchange","binance news","BNB","BNB analysis","BNB burn","bnb chain","BNB Coin","BNB liquidation","BNB news","BNB Price","BNBUSD","bnbusdt","Zhao Changpeng","Zhao Changpeng Binance"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation\/","url":"https:\/\/wncen.com\/news\/bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation\/","name":"BNB Plummets 10% Amid Binance's $4.3 Billion Settlement And CEO's Impending Resignation","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/shutterstock_download-18.jpg?fit=462%2C260","datePublished":"2023-11-22T02:00:52+00:00","dateModified":"2024-06-11T14:31:23+00:00","description":"BNB has experienced a sharp decline of 10% following reports that Binance is preparing to settle criminal charges with the US DOJ.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/shutterstock_download-18.jpg?fit=462%2C260","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/shutterstock_download-18.jpg?fit=462%2C260","width":462,"height":260,"caption":"BNB"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"BNB Plummets 10% Amid Binance’s $4.3 Billion Settlement And CEO’s Impending Resignation"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c","name":"Ronaldo Marquez","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g","caption":"Ronaldo Marquez"},"description":"Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision. Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities. Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth. However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape. Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge. With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.","sameAs":["https:\/\/instagram.com\/itsmarquez_fr?igshid=ZDdkNTZiNTM=","https:\/\/x.com\/Rmmcapital"],"url":"https:\/\/wncen.com\/author\/ronaldomarquez\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"BNB Plummets 10% Amid Binance’s $4.3 Billion Settlement And CEO’s Impending Resignation","url":"http:\/\/wncen.com\/news\/bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/shutterstock_download-18.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/shutterstock_download-18.jpg?fit=462%2C260"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Ronaldo Marquez"}],"creator":["Ronaldo Marquez"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["binance","binance ceo","binance chain","binance coin","binance coin (bnb)","binance coin analysis","binance crypto exchange","binance news","bnb","bnb analysis","bnb burn","bnb chain","bnb coin","bnb liquidation","bnb news","bnb price","bnbusd","bnbusdt","zhao changpeng","zhao changpeng binance"],"dateCreated":"2023-11-22T02:00:52Z","datePublished":"2023-11-22T02:00:52Z","dateModified":"2024-06-11T14:31:23Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"BNB Plummets 10% Amid Binance’s $4.3 Billion Settlement And CEO’s Impending Resignation\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/bnb-plummets-10-amid-binances-4-3-billion-settlement-and-ceos-impending-resignation\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/shutterstock_download-18.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/shutterstock_download-18.jpg?fit=462%2C260\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Ronaldo Marquez\"}],\"creator\":[\"Ronaldo Marquez\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"binance\",\"binance ceo\",\"binance chain\",\"binance coin\",\"binance coin (bnb)\",\"binance coin analysis\",\"binance crypto exchange\",\"binance news\",\"bnb\",\"bnb analysis\",\"bnb burn\",\"bnb chain\",\"bnb coin\",\"bnb liquidation\",\"bnb news\",\"bnb price\",\"bnbusd\",\"bnbusdt\",\"zhao changpeng\",\"zhao changpeng binance\"],\"dateCreated\":\"2023-11-22T02:00:52Z\",\"datePublished\":\"2023-11-22T02:00:52Z\",\"dateModified\":\"2024-06-11T14:31:23Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/shutterstock_download-18.jpg?fit=462%2C260","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/561861"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/589"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=561861"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/561861\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/561862"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=561861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=561861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=561861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}