Binance, one of the world’s leading cryptocurrency exchanges, has joined the US Department of Justice’s investigation. The reason for the investigation was explained as money laundering and tax.
At the beginning of the most talked about topics in recent months, not only in our country, but also in the world, are cryptocurrency exchanges and regulations for this market. According to many, Binance is one of the most reliable addresses for cryptocurrencies.
A report by Bloomberg alleged that the U.S. Department of Justice and the Internal Revenue Service have launched investigations into Binance for money laundering and tax purposes. A source who spoke to Bloomberg said Binance is seeking information on these issues from people with knowledge of its operations.
Binance is headquartered in the Cayman Islands, a country known as an offshore tax haven. The firm also has an office in Singapore. On the other hand, let’s remind you that Binance does not have a single specific Center.
Jessica Jung, a spokeswoman for Binance, said the company had taken all of its legal obligations seriously and had been in contact with regulators. The company would not comment on the investigation, but said it was making a serious effort to create a program of compliance with established principles to combat money laundering.