Binance to pay $4.3B penalty in money-laundering plea deal

As a part of a plea deal, crypto exchange Binance's (BNB-USD) $4.3 billion payment has been approved by a judge — making it one of the largest criminal penalties in US history — according to Bloomberg reporting. In addition, Binance will have a court-appointed monitor for up to 5 years. Yahoo Finance's Jared Blikre joins the Live show to discuss Binance's penalty and its impact on the crypto market. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino