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Cryptocurrency exchange Binance is under investigation by the Justice Department and the IRS, report says
Cryptocurrency exchange Binance is under investigation by the Justice Department and the IRS, report says insider@insider.com (Carla Mozée) © Binance Chaopeng Zhang is the founder and CEO of crypto exchange Binance. Binance Binance, the world s largest cryptocurrency exchange, is under investigation by the US Justice Department and the IRS, Bloomberg reported Thursday. The agencies haven t accused Binance of any wrongdoing, the report said. Officials who investigate money laundering and tax offenses have sought information from individuals with insight into Binance s business. Popular Searches The federal agencies haven t accused Binance of wrongdoing, the report said. We take our legal obligations very seriously and engage with regulators and law enforcement in a collaborative fashion, Jessica Jung, a Binance spokeswoman, told Bloomberg in an emailed statement, adding that Binance doesn t comment on specific matters or inquiries. We have worked
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