13 May 2021, 11:05 pm
Binance is under heavy fire after allegations have rained down on them, suggesting that they have allowed Americans to use their platform for illegal transactions and money laundering using cryptocurrency. Now, the Internal Revenue Service (IRS) and US Department of Justice (DOJ) would look into Binance s transactions to learn the truth behind the claims.
(Photo : Binance)
One of the world s most popular trading platforms for cryptocurrency is Binance, and it has grown a lot in the past years, leading to the company establishing its self-named blockchain coin system that ranks third in the world. The success of Binance has made it as prominent as other platforms with the likes of Robinhood, eToro, and Coinbase.