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

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…

World’s largest crypto exchange Binance is reportedly under investigation

Illustration by Alex Castro / The VergeCryptocurrency exchange Binance is being investigated by the Internal Revenue Service and the Department of Justice, Bloomberg reports, with officials who handle money laundering and tax offenses in particular taking a interest in Binance’s business. Founded in 2017, Binance is the largest cryptocurrency exchange in the world. It’s incorporated in the Cayman Islands and has an office in Singapore. Accordin…

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.

DOJ, IRS Investigating Crypto Exchange Binance: Report

Binance, the world’s largest crypto exchange by volume is the subject of a U.S. money-laundering investigation, Bloomberg reported Thursday.

Binance, the world’s largest cryptocurrency exchange, is under investigation by DOJ and IRS for money laundering and tax offenses; Crypto plunges after news

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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. Read More