Binance Accused of Processing Funds Through Suspicious Accounts Post-US Settlement

According to leaked files reported by the Financial Times, Binance let $1.7 billion flow through 13 suspicious accounts, including $144 million after its $4.3 billion U.S. plea deal, despite terror-finance flags and unusual logins.

Summary

Leaked files indicate Binance permitted $1.7 billion to move through 13 accounts flagged for suspicious activity, including $144 million after its $4.3 billion U.S. plea deal. Indicators reportedly included terror-finance red flags and irregular login activity.

Terms & Concepts
  • Binance: A global cryptocurrency exchange platform enabling trading of digital assets such as Bitcoin and Ethereum.