For years, the world’s largest cryptocurrency exchange, Binance, has been dogged by rumors of malfeasance and federal investigations. Today, in a set of accusations that will rock the already tumultuous world of crypto, the US Department of Justice revealed criminal charges against the company and its chief executive, Changpeng Zhao, claiming they enabled the laundering of vast flows of dirty money across the globe, from Cuba to Iran to Russia.
The indictment against Binance, unsealed ahead of a press conference by US attorney general Merrick Garland, accuses the company of billions of dollars of transactions that violated US anti-money-laundering laws, including well over a
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