Binance Accused of Transactions with Sanctioned Russian Banks!
The post Binance Accused of Transactions with Sanctioned Russian Banks! appeared first on Coinpedia Fintech News
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Cryptocurrency exchange Binance is facing potential legal trouble in the US, according to a report by the Wall Street Journal. The report alleges that Binance has been involved in transactions with sanctioned Russian banks, handling their currency and converting their funds into cryptocurrencies. This breaches US regulations, and could lead to investigations and legal action against the exchange. Binance has not yet commented on the allegations.
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