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US DoJ reportedly investigating Binance for violating sanctions against Russia

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance is reportedly under investigation by the United States Depart of Justice (DoJ) Department’s national security division over suspicions of illegally allowing Russians to evade sanctions and move money through the exchange.  Binance accused of breaching Russian

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U.S. Justice Department Investigating Binance For Russia-Related Sanctions Violations: Bloomberg

Additionally, in early May 2023, Israel reportedly revealed it had seized roughly 190 Binance accounts with alleged ties to terrorist groups, including two accounts to ISIS. Since neither Israel nor Binance explicitly said Binance had cooperated, it isn't clear how Israel seized accounts on Binance without Binance's cooperation, given Binance

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Israel Has Seized 190 Crypto Exchange Binance Accounts With Alleged Terrorist Ties Since 2021: Reuters

According to those documents, the NBCTF confiscated in January an undisclosed amount of crypto from two accounts with alleged links to Daesh, a terrorist group based in Syria and Iraq. Other government records, dating as far back as 2021, allege more than 100 of the seized Binance accounts had ties

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SUI mainnet goes live as token sees immediate action on Binance, OKX, others

Major cryptocurrency exchanges around the world are launching trading of the Sui (SUI) token amid the Sui Network’s mainnet launch on May 3.According to an official announcement by the Sui Foundation, the Sui mainnet went live at 12:00 pm UTC. Many global crypto trading platforms supported the Sui mainnet launch,

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Ether (ETH) Stakers Flee Crypto Exchange Binance, Coinbase as Rocket Pool, Frax Finance Gain Deposits

Regulatory risks and aversion to centralized crypto platforms after last year’s bankruptcies are likely among the reasons that drive investors to decentralized staking protocols, Tom Wan, an analyst at digital asset investment firm 21Shares, said in a note. Source

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