The US Department of Justice (DOJ) can't decide on when it should charge cryptocurrency exchange Binance of violating money laundering rules as some federal prosecutors believe there isn't enough evidence against the exchange.
Subscribe to our Telegram channel to get daily short digests about events that shape the crypto world
According to Reuters' sources close to the regulator, at least "half dozen" federal prosecutors believe that the DOJ has enough evidence to fill charges not only against Binance, but also its executives, including founder Changpeng Zhao (CZ).
People familiar with the matter told Reuters that charges under investigation also include unlicensed money transmission and criminal sanctions violations. The charges are reportedly related to the investigation, which US regulators began in 2018. Amid the report, Binance's CZ took to Twitter to advise users to "ignore FUD," although he didn't specifically refer to Reuters' article.
Access more than 50 of the world's financial markets directly from your EXANTE account – including NASDAQ, London Stock Exchange and Tokyo Stock Exchange