News Snapshot:
E-mail Binance is currently under investigation by the Justice Department, and Internal Revenue Service reported Bloomberg citing people with knowledge of the matter. Reportedly officials who probe money laundering and tax offenses are seeking information. The exchange, however, hasn’t been accused of wrongdoing. Binance said in a statement, “We take our legal obligations very seriously and engage with regulators and law enforcement in a collaborative fashion.” “We have worked hard to build a robust compliance program that incorporates anti-money laundering principles and tools used by financial institutions to detect and address suspicious activity.” Founded in 2017, Binance is incorporated in...
