The Department of Justice has been looking into Binance, the world’s largest crypto exchange, since 2018, but intradepartmental disagreements are delaying the investigation's conclusion, Reuters reported Monday, citing four anonymous sources.
The Binance query has to do with the crypto exchange’s compliance, or lack thereof, with U.S. anti-money-laundering laws and sanctions. The investigation followed reports of criminals using Binance to move money illicitly, according to Reuters.
