# OFAC settlement: Binance
> Settled **$968.62M** for sanctions violations · 2023-11-21 · FY2023
## Settlement
- **Party:** Binance
- **Date:** 2023-11-21
- **Aggregate penalty:** $968.62M
- **Number of penalties:** 1
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*Source: [OFAC 2023 Enforcement Information](https://ofac.treasury.gov/civil-penalties-and-enforcement-information/2023-enforcement-information) · MORVS · CC0 1.0*