Binance's new CEO Richard Teng told CNBC Tuesday the company has moved past cultural issues after the firm was hit with a $4.3 billion Justice Department settlement.Teng said that the allegations relate to events that happened in the"early stages" of the company's development, and that it has now moved into"regulatory maturity."
The DOJ had alleged Binance practised a move first, ask forgiveness later approach. Teng on Tuesday acknowledged the concerns.
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