US Senators Allege Binance for becoming a ‘hotbed’ of illegal activity
Join Our Telegram channel to stay up to date on breaking news coverage In the latest turn of events for Binance, Bipartisan US Senators are demanding action on Binance. The Senators from both sides of the aisle are demanding the world’s largest crypto exchange to open up their books and provide a detailed account of their finances to maintain their regulatory compliance. These sets of questions by the US Senators come amidst an investigation by media reports by agencies like Reuters and others. The three Senators released a letter on Wednesday citing their concerns. Here’s all to know about the ongoing tussle between the Senators and the crypto exchange. Bipartisan US Senators Showcase Their Concern The letter pertaining to the activities taking place at Binance has been signed by three Senators, including Elizabeth Warren, Chris Van Hollen, and Roger Marshall. The letter dated 1st March 2023 mentions, “…little information about Binance’s fina...