Binance and BNB Feel Strain of World’s Regulators Leaping Into Action

“If the allegations towards Binance are true, they implicate very severe felony and civil misconduct, together with national-security associated points,” mentioned Alex Zerden, a former U.S. Treasury Division official who’s founder and CEO of advisory agency Capitol Peak Methods. “And given the trade’s international footprint, the investigation into Binance and these allegations would probably span a number of jurisdictions and require sustained cooperation amongst a number of jurisdictions.”