US Prosecutors Look to Charge Binance and CZ on Possible Money Laundering Violations

US Prosecutors Look to Charge Binance and CZ on Possible Money Laundering Violations: Reuters

The Department of Justice has also discussed possible plea deal with Binance’s lawyers, the report added.

U.S prosecutors are considering charging crypto exchange Binance and its executives for possible money laundering and sanctions violations, Reuters reported, citing sources.
The Department of Justice has also discussed possible plea deals with Binance’s lawyers, the report added.
Prosecutors in the U.S. Attorney’s Office in Seattle began investigating Binance in 2018 after a spate of cases that saw criminals use Binance to transfer illicit funds, the report said.

https://www.coindesk.com/business/2022/12/12/us-prosecutors-look-to-charge-binance-and-cz-for-possible-money-laundering-violations-reuters/