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https://www.reuters.com/markets/us/us-justice-dept-is-split-over-charging-binance-crypto-world-falters-sources-2022-12-12/ https://www.reuters.com/markets/us/us
by nova22033 4y ago
https://www.reuters.com/markets/us/us-justice-dept-is-split-over-charging-binance-crypto-world-falters-sources-2022-12-12/ https://www.reuters.com/markets/us/us-justice-dept-is-split-...
WASHINGTON, Dec 12 (Reuters) - Splits between U.S. Department of Justice prosecutors are delaying the conclusion of a long-running criminal investigation into the world's largest cryptocurrency exchange Binance, four people familiar with the matter have told Reuters.
The investigation began in 2018 and is focused on Binance's compliance with U.S. anti-money laundering laws and sanctions, these people said. Some of the at least half dozen federal prosecutors involved in the case believe the evidence already gathered justifies moving aggressively against the exchange and filing criminal charges against individual executives including founder Changpeng Zhao, said two of the sources. Others have argued taking time to review more evidence, the sources said.
- tibbydudeza 4y agoOh dear - house of cards.
- tim333 4y agoArthur Hayes of Bitmex pleaded guilty to "willfully failed to implement an anti-money laundering (AML) program at the exchange." He got six months of home confinement and Bitmex is going strong. Not sure the house of cards thing will happen.
- tibbydudeza 4y agoSBF got arrested - he is going to be made an example of by the DOJ - the poster child of all that is wrong with crypto.
- tibbydudeza 4y agohttps://gizmodo.com/binance-crypto-ftx-withdrawals-stablecoin-1849887201 https://gizmodo.com/binance-crypto-ftx-withdrawals-stablecoi... Oh dear - so it begins.
- hef19898 4y agoSo, the DoJ is in disagreement on when to charge them and not if. At least that's the way I read it.
- hintymad 4y agoNow do SBF.
- icpmacdo 4y agohttps://twitter.com/tier10k/status/1602446984090107905 https://twitter.com/tier10k/status/1602446984090107905