JOURNAL ARTICLE

Warren Seeks Details on Binance Compliance With 2023 Settlement.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Kharif, Olga 3 of 3

Abstract

The article focuses on Senator Elizabeth Warren's inquiry to the Justice Department regarding Binance Holdings Ltd.'s compliance with a 2023 settlement related to money-laundering and sanctions violations. Warren, along with Senators Mazie K. Hirono and Richard Blumenthal, requested confirmation of Binance's adherence to ongoing requirements of the settlement, which included a $4.3 billion payment and other penalties. The senators expressed concern that the Justice Department had not adequately addressed their previous questions about Binance's compliance and highlighted reports of potential changes to the oversight of the exchange. The Justice Department has not provided comments on the matter. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/09, pN.PAG
  • Document Type:Article
  • Subject Area:Biography
  • Publication Date:2025
  • Accession Number:188050417
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