Anti-Financial Crime & Financial Crime Compliance
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Crypto, Financial Crime, US

NEWS: Crypto investors cheer talk of Binance criminal probe resolution

By Tom Wilson and Elizabeth Howcroft

Crypto investors have welcomed the prospect of a resolution of a long-running U.S. criminal investigation into Binance, reckoning any deal that allows the major exchange to continue operating would remove a nagging risk to the wider market.

The U.S. Justice Department (DOJ) is seeking over $4 billion from Binance as part of a proposed resolution of its probe, Bloomberg reported on Monday, citing people familiar with the discussions.

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