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Crypto Exchange Binance a ‘Hotbed of Illegal Financial Activity,’ U.S. Senators Claim

The letter, from Sens. Elizabeth Warren (D-Mass.), Chris Van Hollen (D-Md.) and Roger Marshall (R-Kansas) said that Binance and related entities “have purposefully evaded regulators, moved assets to criminals and sanctions evaders and hidden basic financial information from its customers and the public,” the Journal reported.

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