FUD Alert: US Federal Agencies Question Binance, No Accusations of Wrong Doing

Binance, the world’s leading cryptocurrency is facing an investigation from Justice Department and IRS according to a report from Bloomberg. The report cites that the agency involved in investigating money laundering and tax offenses has sought information on crypto transactions on Binance. While there is no direct accusation as such from the investigation agency, the report cites close anonymous sources that investigation agencies have sought necessary trading information on exchange from people aware of Binance businesses.