Binance will make a "full withdrawal" from the U.S. as part of its agreement with FinCEN and appoint a monitor for 5 years to oversee the sanctions compliance program. - During that time, the U.S. Treasury Department will have access to Binance's data and systems. - "We are not just prosecuting egregious behavior... but we are also... removing Binance from the United States entirely". It's official: CZ is stepping down as Binance CEO The exchange's new CEO will be (Richard Tang, the former global head of regional markets. Binance reported that they have reached an agreement with several US agencies regarding their investigations. With this deal, the exchange will be able to continue normal operations and avoid further prosecutions from the US. Reuters state that the company will pay $1.81 billion over 15 months and another $2.51 billion as part of the agreement with the US DOJ. Zhao himself is expected to pay $50 million.