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

Last Update:

Tags: ,,,,,
Link: U.S. Prosecutors Subpoena Hedge Funds in Binance Money Laundering Investigations   [Copy]
Next:

Related Articles

  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 4 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 8 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 10 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 14 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 16 days ago

    • You need to login to comment.