Express

U.S. Prosecutors Subpoena Hedge Funds in Binance Money Laundering Investigations

Katie Lin

Summary: U.S. prosecutors have subpoenaed hedge funds amidst crypto exchange Binance’s money laundering investigations, according to reports by Cointelegraph.  The U.S. attorney’s office for the Western District of Washington in Seattle have called upon investment firms to provide records of communication with Binance, according to anonymous sources. Binance’s investigations began in 2018, when a number of ...

U.S. prosecutors have subpoenaed hedge funds amidst crypto exchange Binance’s money laundering investigations, according to reports by Cointelegraph. 

The U.S. attorney’s office for the Western District of Washington in Seattle have called upon investment firms to provide records of communication with Binance, according to anonymous sources.

Binance’s investigations began in 2018, when a number of cases regarding illegal fund usage within the company were brought before prosecutors.

Author: Katie Lin

  • Uniswap Sued by SEC: What Does it Mean for the Future of DeFi? 1 days ago
  • The Value of Web3 Social, Explained 2 days ago
  • Initiated by Uweb and Waterdrip Capital, "Deep in Labs" announces its DePIN Demo Day 15 days ago
  • The Future of Blockchain: How Modularity is Revolutionizing the Industry 17 days ago
  • Parallelized EVMs: The Solana Killer? 21 days ago
  • You need to login to comment.