Crypto Token Tracker logo Crypto Token Tracker logo
Cryptopolitan 2024-02-16 09:57:59

Binance settlement monitoring: Sullivan & Cromwell takes the lead

In the aftermath of Binance Holdings Ltd.’s historic $4.3 billion settlement with US authorities, Sullivan & Cromwell, a prominent law firm based in New York, is poised to take on the role of independent monitor. This appointment follows intense scrutiny surrounding Binance’s compliance with anti-money laundering (AML) and sanctions regulations. Sources familiar with the matter

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.