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Binance Announcement: Reached a settlement with U.S. regulators, the settlement agreement does not involve fund misappropriation or market manipulation
2023-11-21 22:09:52
Odaily News Binance released a report today saying, “Today we are pleased to inform that we have reached out to the U.S. Department of Justice, the Commodity Futures Trading Commission, the Office of Foreign Assets Control, and the Financial Crimes Enforcement Network regarding their historical registration, compliance and sanctions issues. The investigation resulted in resolutions. These resolutions acknowledge our company’s responsibility for historical criminal compliance violations and allow our company to begin a challenging yet transformational new chapter of learning and growth. Notably, In our resolution with the U.S. agencies, they did not accuse Binance of misappropriating any user funds and did not accuse Binance of engaging in any market manipulation.