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Breaking: Binance Responds to Allegations, Denies Reports on Money Laundering

Binance, the largest cryptocurrency exchange by volume, responded to a Reuters article claiming that the U.S. Department Of Justice had found credible evidence that it had violated U.S. sanctions. This was centered around anti money laundering laws.
Reuters’ allegations were rebutted by the Binance team who stated that cryptocurrencies are not a safe haven for money laundering, and that they have a world-class team protecting such activities on the platform.

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Reuters is wrong again
They are now attacking our amazing law enforcement team. We are incredibly proud to be associated with this team. They have made crypto safer for everyone.
Here’s the complete statement we sent to the reporter, and a blog about our extraordinary law enforcement team.
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— Binance (@binance), December 12, 2022

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The content presented may contain the author’s personal opinion and is subject to market conditions. Before investing in cryptocurrency, do your market research. The publication or the author are not responsible for any financial loss.

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