US authorities expected to unveil settlement with Binance

Deal resolves years-long investigation into the world’s largest crypto exchange, according to a source

US government authorities are expected to unveil a settlement with Binance on Tuesday, resolving a years-long investigation into the world’s largest crypto exchange, according to a source familiar with the matter.

The deal, which will include charges against individuals and resolve allegations of violations of the Bank Secrecy Act and other US laws, involves multiple US agencies: the justice department, the commodity futures trading commission and the treasury department’s financial crimes enforcement network, the source said.

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