Binance Still Processed $144 Million in Suspicious Crypto Payments After Plea Deal: Report
Crypto exchange Binance continued to process payments with relaxed anti-money laundering standards after reaching a plea deal and paying a record fine of more than $4 billion related to those insufficient policies in 2023, according to a new Financial Times report released early Monday morning. The new investigation reveals hundreds of millions of dollars worth of transfers made by 13 specific Binance accounts, some of which had links to terrorist groups.
The Financial Times report indicates that practices intended to end as part of the crypto exchange’s plea deal, such as preventing individuals not tied to the personally identifiable information held on file from using accounts, are still ongoing. The report covers…
