Senators Press DOJ on Binance’s U.S. Plans Amid $4.3B Deal
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- Lawmakers demand updates on Binance's compliance with its 2023 plea agreement.
- Key concerns include external compliance measures, U.S. market plans, and ties to World Liberty Financial.
According to a September 18, 2025, report from *Cryptopolitan*, Senator Elizabeth Warren and two Democratic colleagues are intensifying their scrutiny of Binance’s adherence to its $4.3 billion settlement terms. In a letter to Attorney General Pam Bondi, the senators called the Department of Justice’s (DOJ) September 12 response insufficient and pressed for clarity on the crypto exchange’s ongoing compliance, its plans to exit the U.S. market, and any potential pardon discussions for former CEO Changpeng Zhao.
The DOJ previously confirmed that Binance paid its financial penalties as part of the settlement; however, the response did not address whether the company is meeting the agreement’s continuous compliance and remediation measures. The senators also voiced concerns over reports of negotiations to eliminate the requirement for an external compliance monitor, which they view as a critical safeguard for transparency and accountability.
Additionally, the lawmakers are seeking answers about Binance’s alleged links to World Liberty Financial, a firm reportedly associated with the Trump family, and are questioning whether Binance and DOJ officials discussed a new stablecoin. Stressing the importance of these issues, the senators set an October 1 deadline for the DOJ to deliver comprehensive responses.
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