The World’s Largest Cryptocurrency Exchange Binance Two important developments occurred. The US Securities and Exchange Commission (SEC) has launched a new investigation into Binance. On the other hand, there is also an earthquake effect in Reuters. assertion It came on. Let’s look at these events together.

The world’s largest cryptocurrency exchange, featured in Reuters It is also on the agenda for important news. Binance has reportedly accumulated total revenue from hacking, investment scams and drug profits between 2017 and 2021. $2.35 billion allowed to carry out transactions i.e. money laundering. In addition, some of this money belonged to the North Korean hacker group Lazarus.

$2.35 Billion Money Laundering Allegations

Accusations of money laundering are not the only problem with Binance. The US Securities and Exchange Commission (SEC) has launched a new investigation into Binance. As part of this investigation, Binance’s proprietary cryptocurrency, Binance Coin (BNB), has been scrutinized. SEC Officials, First Day of BNB Launch (ICO) that securities rules may have been violated they think.

It’s not even the first time the SEC has opened an investigation into Binance. The company has been under scrutiny over several issues before, but so far there has been a breach that could affect the industry. not detected† The investigation into BNB seems to be one of them. Since the authorities have previously stated that many cryptocurrencies first day of release launched an investigation.

Although Binance has not made any statements about the SEC investigation, it was reported in Reuters. reacted with jet velocity† Statements from a Binance spokesperson stated that the information in the news contained outdated and unverified information and that the allegations in question were not in any way the truth does not reflect expressed.