
Binance, the world’s largest cryptocurrency exchange, has denied the allegations from a Monday Reuters report stating that $2.4 billion in stolen crypto was laundered through its platform.
What Happened: In a blog titled “The Crypto Money Laundering Myth and the Machine Working Overtime to Sell a False Narrative,” Binance called the Reuters report “rife with falsehoods” which relied on massive leaps to conclusions and poor data.