Binance Collaborates with Taiwan to Resolve Multi-Million Crypto-Assisted Money Laundering Case

Binance has teamed up with Taiwan’s Ministry of Justice Investigation Bureau and the Taipei District Prosecutors Office to solve a significant case involving cryptocurrency-assisted money laundering. The investigation centered around illicit funds amounting to nearly NT$200 million, equivalent to approximately $6 million. The criminal operation had been facilitating money laundering for scam groups using virtual assets for an extended period. Last week, the Financial Intelligence Unit of India (FIU-IND) revealed that Binance has successfully registered with the regulatory body, returning to the country after some regulatory hurdles.

Check out the hashd app. It gives you important crypto news and updates in short, simple and easy to read slides. Amazing!

iOS: https://links.hashd.co/ios

Android: https://links.hashd.co/android