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Benzinga
Benzinga
Business
Samyuktha Sriram

'Rife With Falsehoods:' Binance Slams Reuters Report On Money Laundering Allegations

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.

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