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DOJ, IRS reportedly investigating Binance crypto exchange

Added 05-13-21 05:04:03pm EST - “As part of the inquiry, the officials who probe money laundering and tax offenses have reportedly sought information from individuals with insight into Binance's business.” - Foxbusiness.com

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Posted By TheNewsCommenter: From Foxbusiness.com: “DOJ, IRS reportedly investigating Binance crypto exchange”. Below is an excerpt from the article.

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Fox Business' Charlie Gasparino says crypto investors believe regulation could trigger a possible market crash.

Binance, one of the world’s largest cryptocurrency exchanges, is under investigation by the Justice Department and Internal Revenue Service, Bloomberg News reported on Thursday, citing people with knowledge of the matter.

As part of the inquiry, the officials who probe money laundering and tax offenses have sought information from individuals with insight into Binance's business, the report said.

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