Fate of crypto exchange Binance hangs on US money laundering investigation
The US Department of Justice is reportedly debating the outcome of a four-year investigation into Binance for money laundering and more.
Cryptocurrency news by Protos · Protos
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Show Notes
The US Department of Justice (DOJ) is conflicted on whether a longstanding investigation into Binance and its executives should end with indictments or a plea, according to an investigation by Reuters.
Sources told the outlet that the charges under investigation are unlicensed money transmission, money laundering conspiracy, and sanctions violations. Law firm Gibson Dunn, which represents the crypto exchange, reportedly met with the Justice Department to discuss outcomes.
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