A global drug cartel used Binance to launder millions, the DEA says. Here's how the world's largest crypto exchange is reportedly working with investigators to track them down.

Dec 21 2022 by Business Insider

 

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A global drug cartel allegedly used Binance to launder tens of millions, an ongoing DEA investigation alleges. Roughly $15 million to $40 million in illicit profits could have been funneled through Binance, according to Forbes, which obtained a search warrant. Here's how the largest crypto exchange in the world is reportedly working with investigators.

A global drug cartel used Binance to funnel millions of the gang's illicit profits, an ongoing US Drug...

Continue Reading A global drug cartel used Binance to launder millions, the DEA says. Here's how the world's largest crypto exchange is reportedly working with investigators to track them down.