The US Department of Justice (DOJ) has launched an investigation on the grounds that Russian users may have violated sanctions through Binance.
US Department of Justice, Russian users using Binance sanctions against Russia Investigating whether they violated it. According to the news presented by Bloomberg, this investigation made specifically for Binance With the Russian invasion of Ukraine While it is stated that it is linked, a Binance manager is still under investigation. not charged.
As reported by people familiar with the matter, this investigation about Russian users is for Binance in the USA. started earlier to investigations parallel is being continued.
Statement from Binance
The Binance front, which made a statement about the developments, said that the stock market in compliance with all legal requirements carried out and any violation not allowed specified:
In 2021, Binance launched an initiative to completely overhaul its corporate governance structure, including bringing in a staff of experienced executives from around the world to fundamentally change the way Binance operates globally. Our policy applies a zero-tolerance approach to double registrations, anonymous identities and uncertain funding. Our Know Your Customer (KYC) procedure is at least as robust as traditional banking.
US Commodity Futures Trading Commission (CFTC) Binance and CEO on March 27 Changpeng Zhoa(CZ) for offering futures and options contracts unregistered.