The world’s biggest crypto exchange is still in the sights of US authorities as hedge funds are subpoenaed.
It was reported by Reuters last month that the long-running investigation into Binance could result in criminal charges being levied against senior executives at the crypto company, including founder and CEO Changpeng Zhao.
However, the report also said that there could be a possible settlement in the case that sufficient evidence was not forthcoming. All this is taking place in the awful environment for crypto, which is potentially further fueling the flight of more investors from the sector.
An article in the Washington Post put forward the argument of Patrick Hillmann, Chief Strategy Officer for Binance. He said that Binance did have shortcomings in the past, but that the company had “invested heavily in compliance programs”, and that it was now working closely with law enforcement agencies around the globe. He said:
“Over the last two years, the company has complete
We współpracy z: https://cryptodaily.co.uk/2023/01/us-still-gunning-for-crypto-exchange-binance
