As US officials expand the scope of Binance’s money laundering investigation, experts say Binance’s shady past is haunting it.
According to information obtained by The Washington Post from close sources, US officials said that Binance money laundering violations As part of its ongoing investigation into U.S. hedge funds, Binance and its communication records wanted.
Also, Reuters last month, the US Department of Justice (DOJ) for an indictment against Binance and CEO Changpeng Zhao (CZ) enough evidence whether you have that you evaluate expressed.
Experts 2020 Binance’s statement regarding the ongoing investigation since your hazy past He claimed he didn’t give up.
Lawyers say the investigation is about Binance or hedge funds. he is guilty or thought to be guilty means that you didn’t come underlined. But in the cryptocurrency industry actorsUS Department of Justice’s Binance in 2018 since an investigation approached with suspicion He claimed.
We Had Shortcomings in the Past, But We Overcame
Binance Chief Strategy Officer Patrick Hillman In an interview he gave on the subject in the past, the stock market daily almost in the world each regulator with Contact that you established suggested. Binance has grown rapidly in the past and has from time to time legal compatibility about various shortcomings Hillmann admits that he has recently joined the exchange’s compliance programs. made large investments and law enforcement with close cooperation He stressed that he was working in
Claims Are Increasing Exponentially
On the other hand, despite the stock market’s statements, many US names are as much as Binance seems. that you are not innocent expressed. Specializing in cryptocurrency litigation DOJ Former Attorney John GhoseUsers of Binance for years facilitates money laundering He claimed. Ghose, Binance responsible a exchange have the reputation of being not Put forward.
Experts, in addition to all this, Binance’s past dubious your moves serious issue with the regulators. suspicion source stated that it continues to exist as a Binance in the past regulatory spaces using guerrilla type activity Experts, who stated that the pursue won’t let go agrees on the issue.
Another claim about the pressure on the company is the anti-Binance campaign carried out by US officials. lobbying activities it happened. Some sources close to the subject say that US officials are inside the crypto money sector of Binance. overwhelming from the supremacy uncomfortable and to reverse this legal by the way of the stock market to be worn down being worked on suggested.
In addition, the possible reasons for the lawsuit were also listed as the allegation that Binance is actually a Chinese company and that regulators deliberately tried to narrow down the activity areas of the stock market due to concerns that it could trigger a new financial crisis in case of bankruptcy.