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Long accused of abetting crypto crimes, Binance has now become a victim

Binance, the world's largest cryptocurrency exchange, has been accused by prosecutors of profiting off crypto criminals, including drug traffickers, child abusers, terrorists and money launderers. The exchange's founder, Changpeng Zhao, was jailed for violating U.S. sanctions and subsequently pardoned by former President Donald Trump. Recently, North Korean hackers allegedly stole $6.3 billion worth of Bitcoin from Binance customers.

Written by urgent.news from Winnipeg Free Press's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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