Binance Caught in FTX Crossfire: US Department of Justice to Seize $16 Million in Crypto
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The FTX bankruptcy case took a new turn, with the US Department of Justice (DOJ) initiating a civil forfeiture procedure against Binance exchange. According to reports, the DOJ aims to retrieve approximately $16 million held in a Binance account as part of investigation. The alleged funds are presumably linked to bribes authorized by Sam Bankman-Fried, The post Binance Caught in FTX Crossfire: US Department of Justice to Seize $16 Million in Crypto appeared first on Coin Edition .
Source: Coin Edition
