The U.S. Department of Justice, Internal Revenue Service (IRS), and Securities and Exchange Commission (SEC) are intensifying their scrutiny of Binance, a major cryptocurrency exchange. The IRS's criminal investigation unit is focusing on crypto tax evasion cases, with Binance being a key target. The SEC has accused Binance and its CEO, Zhao, of knowingly violating U.S. laws. A former SEC official has warned of the potential collapse of a plea deal with Binance. The compliance monitorship imposed on Binance will provide the U.S. government with unprecedented access. The IRS has listed crypto-related crimes among its top cases for 2023, highlighting the increasing focus on this area by law enforcement agencies.
📣 Latest News: IRS lists 4 crypto crimes among its top cases in 2023 #news #cryptonews #crypto #taxes
IRS lists 4 crypto crimes among its top cases in 2023 https://t.co/UF92Cmacqr
IRS Criminal Investigation Counts Down Agency’s Top 10 Cases For 2023 https://t.co/RtsvV0RPCB
🔥 @binance's compliance monitorship will give the U.S. government inside access like it’s never had before, says Dorothy DeWitt, former Director of the Division of Market Oversight at the CFTC. 🎧Listen now: https://t.co/nTAjlSULeX https://t.co/epINw2Xles
IRS Criminal Investigation Counts Down Agency’s Top 10 Cases For 2023 https://t.co/4kbuH6wPI9
A former SEC official has warned that the newly unsealed Department of Justice (DOJ) filing should "signal the end of #Binance." https://t.co/VBOirbcwcQ
Former SEC Official Warns of the End of #Binance — 'It’s Only a Matter of Time Before Entire Binance Plea Deal Collapses' https://t.co/VBOirbcwcQ
The IRS crime unit that played a leading role in the Binance probe is seeing a surge in cases involving crypto-related tax evasion https://t.co/Cvj1AoDgaj
NEWS: SEC argues that Binance, Zhao knowingly violated US laws https://t.co/JH0cmmuW7i
US gov’t will probe Binance at least six times in three years https://t.co/uytOU8frji
The U.S. Internal Revenue Service’s criminal investigation unit says crypto tax investigations are on the rise, per the Daily Hodl.
The U.S. Department of Justice shares supervision details over Binance https://t.co/aTFGdKOPHL