Wallet Hustler

    Subscribe To The Hustle

    Get the latest news, side hustles, and opportunities! Money doesn't wait on people.

    What's Hot

    Six Figure Jobs That Don’t Require A Degree In 2023

    December 20, 2022

    Bank of America Credit Card Login, Payment, Customer Service Info

    December 19, 2022

    Target Credit Card Login, Payment, Customer Service Info

    December 19, 2022
    Facebook Twitter Instagram
    Facebook Twitter Instagram YouTube
    Wallet HustlerWallet Hustler
    Subscribe
    • Home
    • News
    • Make Money
      • Career
      • Investing
      • Start A Business
      • Side Hustles
    • Credit Cards
    • Crypto
    • Success Stories
    • Tools
      • Monthly Payment Loan Calculator
      • Mortgage Payment Calculator Tool
    Wallet Hustler
    Home»Crypto»U.S. Justice Department Deciding On Charging Binance & CEO For Criminal Activity
    Crypto

    U.S. Justice Department Deciding On Charging Binance & CEO For Criminal Activity

    Wallet HustlerBy Wallet HustlerDecember 12, 20221 Min Read
    Facebook Twitter Email Reddit LinkedIn WhatsApp Telegram Tumblr Pinterest
    Binance CEO CZ
    Share
    Facebook Twitter LinkedIn Email

    Reuters has reported that the U.S. Justice Department is split on charging Binance for money laundering and criminal sanctions violations. The charges would also include Binance CEO, CZ.

    According to the report, the Justice Department has been investigating these charges since 2018, primarily focusing on the compliance between the crypto exchange and the United States.

    What Charges Against Binance Would Do To The Industry

    Cryptocurrency analysts have predicted that the entire crypto industry would collapse if charges were brought against CZ and his company.

    Binance is the leading centralized crypto exchange in the entire industry. With charges like this, it would create uncertainty for all investors across the globe.

    The industry has already taken a massive fall in the past year. This can be correlated with the collapse of FTX. Also, FTX CEO, SBF, has admitted to fraud in a recent interview.

    What Happens Next

    For charges to be officially processed, the criminal inquiry has to be approved by MLARS. Which is the Money Laundering and Asset Recovery Section.

    The crypto exchange platform has also issued a response on its blog. They deny any wrong doing and are suggesting Reuters has it wrong, again.

    Binance CEO CZ
    Share. Facebook Twitter Email LinkedIn Tumblr WhatsApp Reddit Pinterest Telegram

    Related Posts

    The Top 10 Habits of Financially Successful People

    December 16, 2022

    OpenAI’s AI technology helps automate tedious business tasks, freeing up human workers for more important tasks

    December 16, 2022

    Subscribe To The Hustle

    Get the latest news, side hustles, and opportunities! Money doesn't wait on people.

    About Us
    About Us

    Hustle to make your wallet work harder.

    Email Us: info@wallethustler.com

    Facebook Twitter Instagram YouTube

    Subscribe To The Hustle

    Get the latest news, side hustles, and opportunities! Money doesn't wait on people.

    Don't Miss These

    Six Figure Jobs That Don’t Require A Degree In 2023

    December 20, 2022

    Bank of America Credit Card Login, Payment, Customer Service Info

    December 19, 2022

    Target Credit Card Login, Payment, Customer Service Info

    December 19, 2022
    Facebook Twitter Instagram Pinterest
    • Home
    • Contact Us
    • About
    • Privacy Policy
    • Terms of Service
    © 2023 Wallet Hustler

    Type above and press Enter to search. Press Esc to cancel.