Tuesday, September 22: Binance DOJ probe. Paramount AG settle. Shanghai copper drain.

The Triple Tape — weekday morning markets: crypto, stocks, and metals.

• DOJ/SDNY probing Binance over possible Iran sanctions violations (Bloomberg/Reuters; not an indictment)
• X live for U.S. users: cashtag → Trade via Coinbase/Kraken/Gemini/IBKR/Moomoo
• Agora preliminary conditional OCC approval for Agora National Trust Bank
• Animoca–Currenc Nasdaq reverse-merger talks mutually suspended
• Bitmine +~$75M ETH; holdings ~4.9% of supply toward 5%
• Crypto tape (CMC ~5:08 a.m. ET): PEPE +20.9%, TAO +15.0%, PENGU +11.4%; BTC ~$85,839; ETH ~$2,737
• Paramount settles with 12 state AGs (+ WGA) — clears ~$110B WBD path (quotas, $1.5B U.S. production, news board)
• Microchip completes Hailo edge-AI acquisition (terms undisclosed)
• PTC completes ST-920 Fabry gene-therapy buy; rolling BLA aim Q4’26
• Grünenthal buys Bayer Stivarga for up to €375M; USTR: China progressing May 200-jet Boeing commitment
• Earnings: ABVX H1 printed (loss €165.9M; runway into Q4’29). AZO/THO/MLKN BMO — not confirmed printed
• Stocks tape (Yahoo pre ~5:10 a.m. ET): TLX ~+5.6%, PCAR ~+3.6%, CRCL ~−2.6%
• SHFE Cu receipts Sep 22: 20,805 t (−1,503); LME Cu stocks Sep 21: 255,875 t (+775)
• Capstone sells Cozamin to Luca for up to $385M; gold ETF 8-day buy streak / 100.4 Moz; White Pine Cu PFS
• Metals tape (Kitco ~5:08 a.m. ET): Pd −1.24%, Ag −1.09%, Cu +0.66%
• Today: 10:00 Richmond/Chicago Fed surveys; 10:05–10:20 Williams & Jefferson; auctions 11:30/1:00. No major 8:30 print

Takeaway: Binance faces a reported DOJ/SDNY Iran-sanctions probe (not an indictment); Paramount settles with 12 state AGs on the ~$110B Warner deal; SHFE copper receipts keep draining while LME rebuilds.

AI-assisted production. No trade recommendations.