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

  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 2 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 3 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 5 days ago
  • BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 5 days ago
  • The GENIUS Act & Stablecoin Regulation: BRG's Dominic Zagara on Crypto's Defining ... 8 days ago
  • You need to login to comment.