Binance Rejects Report Alleging Less Cooperation With DOJ in Crypto Investigations

Binance has pushed back against a media report claiming the U.S. Department of Justice (DOJ) warned prosecutors to expect lower levels of cooperation from the cryptocurrency exchange in future investigations.

According to The Information, an internal DOJ memo distributed in June said prosecutors working on crypto cases should be prepared for possible procedural changes affecting requests to freeze or seize assets, which could influence how Binance responds to such cases.

Responding to the report, Binance said its collaboration with U.S. law enforcement remains unchanged and that it has no plans to alter its approach.

The report further stated that Binance and the DOJ are discussing the possibility of concluding the oversight arrangement put in place following the company’s 2023 criminal resolution, while the separate monitoring process overseen by the U.S. Treasury Department is continuing.

Source: The Information