U.S. Department Of Justice News | Blockchain.News

U.S. DEPARTMENT OF JUSTICE

U.S. Initiates Strike Force to Tackle $10 Billion Crypto Scam Threat
U.S. Department Of Justice

U.S. Initiates Strike Force to Tackle $10 Billion Crypto Scam Threat

The U.S. establishes a Scam Center Strike Force to combat Southeast Asian crypto scams, with over $401 million seized in efforts to protect Americans.

He Yi Discusses Binance's Regulatory Strategy Amid Actions Against Binance and Zhao Changpen
U.S. Department Of Justice

He Yi Discusses Binance's Regulatory Strategy Amid Actions Against Binance and Zhao Changpen

In a public letter, He Yi, Co-founder of Binance, discusses the company's compliance strategy, which gains significance amidst a U.S. Department of Justice inquiry initiated on May 6, 2023, 13 SEC charges, and the company's recent exit from the Russian market.

Breaking: Binance Sells Russian Operations to CommEX, Exits Market
U.S. Department Of Justice

Breaking: Binance Sells Russian Operations to CommEX, Exits Market

Binance has announced the sale of its entire Russia business to CommEX, citing compliance issues as the primary reason for the exit. The transition process for existing Russian users is expected to take up to one year, with no financial strings attached to the deal for Binance.