Mainstream Media After Binance
It looks like individuals aren't the only ones trying to create a FUD around Binance; mainstream media outlets such as Reuters made an article that suggested that the federal government and the US Justice Department are considering charging the crypto exchange with money laundering.
An article they wrote stated how the US Justice Department was "divided" about taking the CEO of Binance and other executives over money laundering charges. They even suggested that Binance has been used for illegal activities since 2018.
However, Binance has once more cleared its name from the rumor with a tweet that read, "Reuters has it wrong again. Now they’re attacking our incredible law enforcement team. A team that we’re incredibly proud of – they’ve made crypto more secure for all of us."
At the moment, everyone is waiting to see the next moves of the US Justice Department. Whether they will charge Binance and its executives with money laundering or not. Also, crypto regulation is set to become strict as the government tries to ensure users' funds are kept safe and secure.
