U.S. authorities will reach an agreement with Binance to resolve allegations related to anti-money laundering compliance and other violations

2023-11-22 00:55:47

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ChainCatcher news, citing sources from Reuters, reported that U.S. government authorities are expected to announce a settlement agreement with Binance on Tuesday, addressing issues related to years of investigation into the world's largest cryptocurrency exchange.

According to sources, the agreement will involve charges against individuals and resolve allegations of violations of the Bank Secrecy Act and other U.S. laws, with multiple U.S. agencies involved, including the Department of Justice, the Commodity Futures Trading Commission, and the Financial Crimes Enforcement Network of the Department of the Treasury.

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