Binance was slapped with a $4.3 billion fine because it let groups like Hamas and ISIS receive funds: Treasury Department

• Binance has reached a settlement with US regulators to pay out over $4 billion in fines.
• The treasury department says the company enabled transactions from Hamas, the Islamic State, and Al Qaeda.
• A lawsuit from the CFTC said Binance employees joked about transactions with Hamas.

Binance on Tuesday reached a settlement with US regulators — including the justice and treasury departments — to pay $4.3 billion in fines for violating anti-money laundering and sanctions laws.