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Investigation into cryptocurrency exchange Binance

Binance, the world’s largest cryptocurrency exchange, is being investigated by the US Department of Justice and the US Office of National Revenue.

 

U.S. officials say an investigation into money laundering and tax crimes has been launched and information gathered.

Binance spokeswoman Jessica Jung said the company has fulfilled its legal obligations and is in contact with authorities.

Jung said they are investigating the alleged money laundering and are working to establish appropriate principles.

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