Binance has settled with US regulators to pay 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 agrees to pay a hefty $4.3 billion fine in settlement with U.S. regulators.

Changpeng "CZ" Zhao steps down as CEO, replaced by Richard Teng, amid ongoing legal challenges.

Binance accused of facilitating transactions for groups like Hamas, the Islamic State, and Al Qaeda.

Fines and leadership changes indicate Binance's acknowledgment of past regulatory oversights.

Despite settlements with various departments, Binance faces a lawsuit from the Securities and Exchange Commission, alleging illegal operations.

Developments emphasize the increasing regulatory scrutiny on cryptocurrency exchanges.

Highlight challenges faced by exchanges in adhering to anti-money laundering and counter-terrorism financing standards.