Another FUD – DOJ, IRS Investigating Crypto Exchange Binance

Bloomberg reported on Thursday 13th of May 2021 that the world’s largest cryptocurrency exchange, Binanace, is being investigated by US authorities for possible money-laundering activities.

The investigation is focused on the company’s operations in the US.

The probe is focused on money laundering and tax evasion. While the company has made efforts to improve its compliance program, it is still barred from the US market.

Read the full article at Coindesk

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