US Requests Binance CEO Records in Relation to Money Laundering Case
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US prosecutors have asked crypto exchange Binance for inside information about its AML checks, as well as reports involving CEO Changpeng Zhao, Reuters has reported.
The law enforcement officers made a request at the disposal of the agency in December 2020.
The Money Laundering Section of the Department of Justice allegedly asked Binance to voluntarily pass messages from Zhao and 12 other executives and partners regarding the exchange’s detection of illegal operations and recruitment of clients in the United States.
The Department of Justice is also interested in any company records with instructions to “destroy, modify or remove documents from Binance files” or “transferred from the United States.”
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