Though regulatory scrutiny on Binance has intensified following its rival FTX’s collapse in November, Binance has been under investigation by the U.S. Attorney’s Office for the Western District of Washington since at least 2018, according to រ៉យទ័រ. The Department of Justice (DOJ) has រាយការណ៍ sent at least two trading firms subpoenas in recent months, requesting records of their past dealings with Binance US.
Source: https://www.coindesk.com/policy/2023/02/16/binance-bracing-itself-for-fines-from-us-regulators-to-settle-past-conduct-wsj/?utm_medium=referral&utm_source=rss&utm_campaign=headlines