U.S. Senators Request DOJ Investigation into Binance's Alleged False Statements to Congress

Two US Senators, Elizabeth Warren and Chris Van Hollen, have written a letter to the US Department of Justice (DOJ) requesting an investigation into cryptocurrency exchange Binance for potentially making false statements to lawmakers. The senators allege that Binance may have lied about its business practices, including whether its affiliate Binance.US was a separate entity. This comes after the US Securities and Exchange Commission filed a lawsuit against Binance and its CEO for the sale of unregistered securities and commingling of customer funds.