Crypto Boosted by Possible End to US Criminal Probe of Binance

The prospect of a resolution of the US criminal investigation into Binance, crypto’s linchpin exchange, led to a bout of cautious optimism in digital-asset markets.

Tokens such as Bitcoin and BNB — the coin linked to Changpeng Zhao’s Binance ecosystem — got a tailwind after Bloomberg News reported on Monday that the Justice Department is seeking more than $4 billion to end the years-long probe. Talks between the department and Binance include the possibility that Zhao would face US criminal charges, people familiar with the discussions said.

Read more: US Is Seeking More than $4 Billion From Binance ...