It Was Claimed That The Investigation Against Binance Were Extended
In the US, it was claimed that the investigation against Binance were extended. In the news, it was alleged that there were investigations of market manipulation.
It was alleged that the investigation against Binance Holdings Ltd. in the US has been expanded, now investigating a possible “insider trading” situation and market manipulation.
According to the report by Bloomberg and
Reuters, US officials are investigating whether Binance or its staff are making a profit by taking advantage of customers as part of the investigation.
In a statement, a Binance official emphasized that the company has a “zero tolerance” policy on “insider trading” and has “strict ethical principles” to prevent any abuse that could harm its customers or the cryptocurrency industry. He also added that Binance's security team has long had guidelines on issues such as abuse of power.
Binance has not been charged with a violating app so far. It is also stated that investigations may not result in any official action.
The first news that
Binance, the world's largest cryptocurrency exchange, was being investigated by US authorities, appeared in March.