Bad News for Binance from the US: Authorities Are Considering a Possible Accusation

US prosecutors plan to indict cryptocurrency exchange Binance and its executives for possible money laundering and sanctions violations.

Some U.S. Department of Justice (DOJ) prosecutors are targeting executives, including CEO CZ. evidence to justify accusations believes it is. Two of the sources involved at least from half a dozen federal prosecutors Some argue that the evidence already gathered is against the stock market to act aggressively and against individual executives, including founder Changpeng Zhao. believes it justifies filing a criminal complaint told.

According to the information conveyed, the research and investigation process in question has been going on since 2018, and in this context, information was previously requested from Binance.

By the Ministry of Justice officials with Binance’s lawyers possible defense deals said to have been discussed. Binance, “Internal workings of the US Department of JusticeHe says he doesn’t know anything about ‘.

Justice Department officials believe that the evidence obtained will be sufficient to prosecute Changpeng Zhao (CZ). However, the authorities have not reached a consensus on this issue.

The investigation involves prosecutors in three departments of the Ministry of Justice. These units are known locally as MLARS. Money Laundering and Asset Recovery Divisionin Seattle Washington Western District U.S. Attorney’s Office and National Cryptocurrency Implementation Team is located.

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