<div class="c-message_kit__gutter"> <div class="c-message_kit__gutter__right" role="presentation" data-qa="message_content"> <div class="c-message_kit__blocks c-message_kit__blocks--rich_text"> <div class="c-message__message_blocks c-message__message_blocks--rich_text" data-qa="message-text"> <div class="p-block_kit_renderer" data-qa="block-kit-renderer"> <div class="p-block_kit_renderer__block_wrapper p-block_kit_renderer__block_wrapper--first"> <div class="p-rich_text_block" dir="auto"> <div class="p-rich_text_section">U.S. authorities are requesting information from investment firms on cryptocurrency exchange Binance, according to a <a href="https://www.washingtonpost.com/technology/2023/01/07/binance-subpoenas-crypto-trading/">report</a> from the Washington Post.</div> <div> </div> <div class="p-rich_text_section">As per the report, the U.S. attorney’s office for the Western District of Washington in recent months sent subpoenas to U.S.-based hedge funds, questing their relationship with the crypto exchange.</div> <div> </div> <div class="p-rich_text_section">The news comes amid the fallout of FTX’s meltdown and later bankruptcy filing. To be clear, U.S. authorities' ongoing investigation into Binance does not mean the firm committed any wrongdoing.</div> <div> </div> <div class="p-rich_text_section">Still, the firm has faced some heat, including an ongoing investigation by the U.S. Department of Justice, which has launched an <a href="https://www.theblock.co/post/193988/justice-department-weighs-charging-binance">investigation into the exchange’s compliance</a> with U.S. anti-money laundering laws in 2018.</div> <div> </div> <div class="p-rich_text_section">Binance chief strategy officer Patrick Hillmann told the Washington Post that the firm is engaging with “virtually every regulator across the globe on a daily basis,” declining to comment specifically on any ongoing investigation.</div> </div> </div> </div> </div> </div> </div> </div><br /><span class="copyright"><p>© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.</p> </span>