Binance makes fighting crypto crime more difficult, says new report
CoinDesk·
60-second summary
Binance is making it more difficult for international law enforcement to combat crypto crime by quietly changing its compliance rules, forcing authorities to navigate slow-moving government treaties to obtain user data. This shift affects over 90 countries, hindering efforts to track illicit transactions and freeze suspect assets, complicating global anti-money laundering efforts.
The New York Times says a quiet change to Binance's compliance rules is forcing international law enforcement to navigate slow-moving government treaties to get user data.