According to Bloomberg, the United States Department of Justice is attempting to negotiate a settlement to a lengthy criminal investigation by requesting more than four billion dollars from Binance Holdings on behalf of the company.
Since at least 2018, the United States Department of Justice has been conducting an investigation into Binance, which is the biggest cryptocurrency exchange in the international market. A significant point has been reached in the federal investigation, which covers a variety of intricate legal and regulatory problems that are associated with Binance’s activities. Internal data about the company’s anti-money laundering activities and contacts involving Changpeng Zhao, the company’s founder, were demanded by federal prosecutors in December of the year 2020 after they were requested.
Binance is now facing a number of legal difficulties in the United States, and this investigation is one of them. During the…
