After Binance Solicits Praise from U.S. Agencies, DOJ Says Stop

July 15, 2021, 12:00 PM UTC

“No Thanks.”

That’s the U.S. Justice Department’s response to Binance Holdings Ltd., which has sought thank-you notes from other federal agencies in return for aiding probes into illicit funds flowing through its cryptocurrency exchange.

Binance -- facing mounting government scrutiny around the world -- has publicly touted the messages to argue it’s one of the good guys.

But behind the scenes, the requests have so bothered the U.S.’s top law enforcement agency that it sent an email this month to the Federal Bureau of Investigation, Secret Service, Internal Revenue Service and others demanding agents stop signing the letters, ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.