The US Department of Justice (DOJ) is about to launch a new investigation in the SEC-Binance case, accusing the exchange of providing false information to Congress. Behind the inquiry request are US senators known for their stance against Bitcoin.
Justice Department steps in: US senators accuse Binance of providing false information to Congress
Two senators, including Senator Elizabeth Warren, claimed that Binance.US lied about being an independent company. For this reason, senators are requesting the US Department of Justice to launch a new investigation into the stock market.
Senators Elizabeth Warren and Chris Van Hollen claimed in a letter to US Attorney General Merrick Garland that Binance had filed false information regarding its relationship with Binance.US. The letter follows up on a previous investigation submitted in March. Senators filed a request with the Justice Department for a new investigation.
cryptocoin.comAs you follow on Monday, the SEC filed a lawsuit against Binance and its CEO, Changpeng “CZ” Zhao, alleging the sale of unregistered securities, the mixing of client funds, and the alleged “secret” control of Binance.US by CZ. Senators cited the case as a serious case in a letter Wednesday.
BNB price reacted contrary to expectations
Binance’s native cryptocurrency, BNB, has gained around 3% following the new inquiry request. Coinmarketcap data shows that the price initially dropped around 1%, bolstered by new buyers. Despite the recent recovery, the weekly depreciation is around -13%.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram And YouTube join our channel!
Risk Disclosure: The articles and articles on Kriptokoin.com do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your own research and due diligence before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.
Disclaimer: Advertisements on Kriptokoin.com are carried out through third-party advertising channels. In addition, Kriptokoin.com also includes sponsored articles and press releases on its site. For this reason, advertising links directed from Kriptokoin.com are on the site completely independent of Kriptokoin.com’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on Kriptokoin.com and the pages directed by the links in the sponsored articles do not bind Kriptokoin.com in any way.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.