Binance in hot water

SBM Intelligence, a risk consultancy firm, has cautioned that bribery allegations against government officials could hinder foreign investment.

The Justice Department named Forensic Risk Alliance as Binance’s outside monitor after it pleaded guilty to violating U.S. money-laundering regulations and trade sanctions.

Binance’s investigative team alleges it discovered that market maker DWF Labs was involved in market manipulation.

Nigeria’s federal government refuted claims from Binance CEO Richard Teng, accusing officials of demanding a “significant payment” to resolve ongoing disputes.

A Nigerian court has postponed a trial against cryptocurrency exchange Binance and two of its executives.

The Founder of the Binance cryptocurrency exchange, Changpeng Zhao, was sentenced to four months in prison

U.S. prosecutors are seeking 36 months of imprisonment for Changpeng Zhao, the founder of Binance, citing the “magnitude of Zhao’s willful violation of U.S. law and its consequences.” Binance founder and former CEO Changpeng Zhao might be facing 36 months…

The EFCC, Interpol, and Kenyan police are negotiating the extradition of the Binance executive.

Hong Kong-based crypto exchange HashKey has announced that it will stop accepting deposits and handling withdrawals to and from wallets linked to Binance.

Binance COO Noah Perlman says monitoring agreement with U.S. regulators is now posing challenges for the exchange despite viewing the deal as an opportunity for improvement. Binance‘s plea agreement with the U.S. Department of Justice, which includes an independent compliance…