Breaking: Binance Responds To Allegations, Denies Reports On Money Laundering

Binance, the largest cryptocurrency exchange in terms of volume, has responded to an article published by Reuters claiming that the U.S. Department Of Justice found credible evidence of violating U.S. sanctions, centered around anti-money laundering laws.

Binance Refutes Claims

Responding to Reuters’ accusations, the Binance team has stated that cryptocurrencies are not a haven for money laundering and they have a world-class team safeguarding such activities from happening on the platform.

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This is a developing story and is being frequently updated.

Pratik has been a crypto evangelist since 2016 & been through almost all that crypto has to offer. Be it the ICO boom, bear markets of 2018, Bitcoin halving to till now – he has seen it all.
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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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