DOJ Charges Binance With Extensive Money-Laundering Scheme and Sanctions Violations
According to US prosecutors, Binance is accused of processing approximately $275 million in deposits and withdrawals to BestMixer, a cryptocurrency “mixing” service that aimed to obscure cryptocurrency transactions. The Dutch law enforcement closed down this service in May 2019 due to a money-laundering investigation. The charging document also alleges that Binance users included ransomware groups, … Read more