A pair of Senate Democrats wants the Justice Department to investigate whether crypto exchange Binance Holdings Ltd. lied to lawmakers about its business practices.
Massachusetts Senator Elizabeth Warren and Chris Van Hollen, who represents Maryland, said in a letter to US Attorney General Merrick Garland that the crypto platform may have made false statements, including over whether its American affiliate Binance.US was truly a separate entity. In a 136-page complaint filed in federal court on Monday, the Securities and Exchange Commission alleged that the US firm and Binance’s global entity, which isn’t supposed to allow Americans to trade, weren’t ...
