SEC's Sealed Docs in Binance Case Hint at Criminal Probe
The U.S. Securities and Exchange Commission (SEC) has requested the court's permission to file documents under seal in its case against Binance, Binance.US, and its CEO, Changpeng “CZ” Zhao.
John Reed Stark, a former SEC official, suggests that this could indicate an ongoing criminal investigation by the U.S. Department of Justice (DOJ) into Binance.
The DOJ has reportedly been probing Binance over allegations of money laundering and potential sanctions violations linked to Russian entities.
The DOJ has reportedly been probing Binance over allegations of money laundering and potential sanctions violations linked to Russian entities.
