Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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Binance is in talks with the US Department of Justice to remove key oversight requirements from its $4.3 billion settlement.
2hours ago

Binance is in talks with the U.S. Department of Justice (DOJ) about potentially removing a key oversight requirement from its $4.3 billion settlement. Sources familiar with the matter revealed that federal prosecutors are discussing Binance's requirement to maintain an external compliance monitor. Binance previously faced charges for allegedly failing to prevent money laundering. The DOJ has previously eliminated oversight arrangements for several companies due to their high costs and operational impact. (Bloomberg)