“If the allegations against Binance are true, they implicate very serious criminal and civil misconduct, including national-security related issues,” said Alex Zerden, a former U.S. Treasury Department official who is founder and CEO of advisory firm Capitol Peak Strategies. “And given the exchange’s global footprint, the investigation into Binance and these allegations would likely span multiple jurisdictions and require sustained cooperation among multiple jurisdictions.”
Binance and BNB Feel Strain of World’s Regulators Leaping Into Action
