Crypto Problems Grow: Binance Might Face Money-Laundering Charges

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By Luc Olinga U.S. prosecutors are considering charges against the cryptocurrency exchange and its executives, including CEO Changpeng Zhao, according to Reuters. The end of the year is proving very eventful, even tumultuous, for the crypto industry. The fledgling blockchain-powered financial-services industry is still wondering what and who will be the collateral victims of the bankruptcy of cryptocurrency exchange FTX and its sister company, Alameda Research. Crypto lenders BlockFi and Genesis are among the first victims. But the list is likely to grow, industry sources say. Regulators are s…