Binance fights back against $4.4M Canadian AML fine

Binance has filed a lawsuit challenging the Canadian Financial Transactions and Reports Analysis Centre’s (FINTRAC) fine of $4.4m. The penalty was imposed in May and concerns the lack of compliance with laws regarding the anti-money of money laundering (AML) and the financing of terrorism (CFT). On June 5, the exchange filed an appeal to the …

Source: CryptoNewsZ