Senators write a scathing letter to Binance alleging it's a 'hotbed of illegal financial activity' and has facilitated billions in criminal payments

The letter also compared Binance to the collapsed FTX exchange, which filed for bankruptcy in November after revealing it misused customer funds.

Senators write a scathing letter to Binance alleging it's a 'hotbed of illegal financial activity' and has facilitated billions in criminal payments
The letter also compared Binance to the collapsed FTX exchange, which filed for bankruptcy in November after revealing it misused customer funds. Read More