Published 3 years ago

Binance Probed by U.S. as Money-Laundering, Tax Sleuths Bore In

Summary by Bloomberg Law

Binance Holdings Ltd. is under investigation by the Justice Department and Internal Revenue Service, ensnaring the world’s biggest cryptocurrency exchange in U.S. efforts to root out illicit activity that’s thrived in the red-hot but mostly unregulated market.

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Yahoo News

Binance Probed by U.S. as Money-Laundering, Tax Sleuths Bore In

(Bloomberg) -- Binance Holdings Ltd. is under investigation by the Justice Department and Internal Revenue Service, ensnaring the world’s biggest cryptocurrency exchange in U.S. efforts to root out illicit activity that’s thrived in the red-hot but mostly unregulated market.As part of the inquiry, officials who probe money laundering and tax offenses have sought information from individuals with insight into Binance’s business, according to peop…

3 years ago·Los Angeles, United States

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Reuters

Binance under investigation by Justice Department, IRS

Binance, one of the world's largest cryptocurrency exchanges, is under investigation by the Justice Department and Internal Revenue Service, Bloomberg News reported on Thursday, citing people with knowledge of the matter.

3 years ago·United Kingdom

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Financial Post

Binance under investigation by Justice Department, IRS

3 years ago·Canada

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Bloomberg

Binance Probed by U.S. as Money-Laundering, Tax Sleuths Bore In

3 years ago·United States

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Arab News

Bitcoin drops after report Binance under US probe, Tesla move

NEW YORK/LONDON/TOKYO: Bitcoin slid to a 2-1/2-month low on Thursday after a regulatory probe into crypto exchange Binance added to pressure from Tesla Inc. chief Elon Musk’s reversing his stance on accepting the digital currency. Bloomberg reported on Thursday that as part of the Binance inquiry, the US Justice Department and the Internal Revenue Service have sought information from individuals with insight into its business. Bitcoin dropped to…

3 years ago·Riyadh, Saudi Arabia

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Business Insider

Cryptocurrency exchange Binance is under investigation by the Justice Department and the IRS, report says

Binance isn't accused of any wrongdoing by the federal agencies, Bloomberg reported. The US is widely trying to root out illicit activity in the crypto market.

3 years ago·United States

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