Former Director of the SEC's Internet Enforcement Office: The U.S. Department of Justice may have filed criminal charges related to Binance

ChainCatcher News, former director of the SEC's Internet Enforcement Office John Reed Stark tweeted that the U.S. Department of Justice will file or has already filed a criminal indictment related to Binance, "I worked in the SEC's enforcement division for nearly 20 years and managed many joint SEC-DOJ prosecution cases, and in my view, there is a lot of evidence suggesting that the DOJ will submit or has already submitted a criminal indictment related to Binance."

He stated that the complaints from the CFTC and SEC read more like criminal indictments, filled with allegations of fraud, deception, obstruction of justice, and money laundering, "My view is that the DOJ is working with the SEC, CFTC, and multiple informants/whistleblowers, and the next step is to submit or unseal criminal charges related to Binance." Additionally, he believes that neither the CFTC nor SEC cases have focused on money laundering, which may leave room for the DOJ to outline and reserve prosecution space related to criminal litigation against Binance. (source link)