Senate Democrats and Elizabeth Warren call for DOJ investigation into Binance's statements to Congress.

1 min read
Source: Fox Business
Senate Democrats and Elizabeth Warren call for DOJ investigation into Binance's statements to Congress.
Photo: Fox Business
TL;DR Summary

Senators Elizabeth Warren and Chris Van Hollen have requested the Justice Department to investigate Binance Holdings over whether it made false statements to U.S. lawmakers about its business practices. The senators accused Binance and its American affiliate, Binance.US, of providing false and misleading information to Congress. The request comes after the Securities and Exchange Commission (SEC) filed a 136-page complaint against Binance and its CEO, Changpeng Zhao, accusing them of operating a "web of deception." The Justice Department declined to comment, and Binance did not respond to requests for comment.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

1 min

vs 2 min read

Condensed

73%

33390 words

Want the full story? Read the original article

Read on Fox Business