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Binance Described As ‘Crypto-Wash Empire’ In A Lawsuit Over Money Laundering Activities

Binance Described As ‘Crypto-Wash Empire’ In A Lawsuit Over Money Laundering Activities


coinpedia
2024-08-21 04:53:30

The post Binance Described As ‘Crypto-Wash Empire’ In A Lawsuit Over Money Laundering Activities appeared first on Coinpedia Fintech News Binance and its former CEO Changpeng Zhao are facing a new class-action lawsuit alleging consumer harm due to the exchange’s money laundering activities in a Seattle Federal court. The lawsuit accuses the defendants of putting profits before the law as they allegedly generated substantial amounts of proceeds by allowing notorious actors to make their funds …


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