Critical Move from US Government in Binance Investigation: ‘This Name Got It!’

of Reuters according to the information given Binance US former CEO to represent him in the US government’s investigations into Binance a former federal prosecutor and he said he had appointed a senior police officer at the CFTC.

US Government Sets With Former Attorney Against Binance

This information is given to Catherine Coley, who founded Binance.US in 2019 and left abruptly two years later, currently a partner at the New York law firm Sullivan & Cromwell to the US government. James McDonald’s He said he was consulting.

On Monday, the CFTC accused Binance and its CEO and founder, Changpeng Zhao, of deliberately evading US law because they ran an “illegal” exchange and a “fake” compliance program. The CFTC’s civil complaint did not name Coley.

The Justice Department is also investigating Binance for money laundering and enforcement violations.

Reuters was unable to determine Coley’s status in government investigations or whether he was cooperating.

As Reuters previously reported, the Department of Justice and the Securities and Exchange Commission had requested records and communications from Binance and Binance.US regarding Coley.

McDonald declined to comment. Coley has not made any public comments or addressed his exit since leaving Binance.US.

The CFTC, DOJ, and SEC declined to comment. Binance and Binance.US, contacted by Reuters, did not comment on Coley’s representation.

McDonald left the CFTC in 2020. During his time as director of enforcement, the CFTC increasingly worked on investigations in parallel with federal prosecutors. Prior to joining the CFTC, McDonald worked for the Manhattan US Attorney’s Office’s public corruption unit.

*Not investment advice.

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