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The DOJ's MLAR division is proposing a $4 billion fine on Binance, which could prevent criminal charges against its CEO, Changpeng Zhao (CZ). The crypto market is in favor of this settlement. CZ's personal consequences remain uncertain, but he may face a significant fine or even jail time. The settlement could also require Binance to legitimize its operations, potentially impacting its business model. If CZ doesn't cooperate, the DOJ might force Binance to comply. Despite the hefty fine, Binance is expected to be able to pay it.