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Binance CEO Facing Possible Money Laundering Charges

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Splits among U.S. Department of Justice Prosecutors prevent the completion of a long-running criminal probe into Binance, the largest cryptocurrency exchange in the world.

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Some of the more than 50 federal prosecutors involved in this case feel that the evidence gathered is sufficient to move aggressively against the exchange.

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They also believe it justifies filing criminal charges against Changpeng Zhao, the founder, and other executives.

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Some DOJ prosecutors feel that evidence supports the filing of charges against CEO Zhao.

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Officials from the DOJ have met with Binance's lawyers to discuss possible plea agreements.

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Binance is being investigated for money laundering and other criminal sanctions violations.

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Binance claims it doesn't have any insight into the "inner workings" of the US Justice Department.

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