<ul>
 <li>Binance hires former officials from DOJ and SEC to strengthen its legal defense.</li>
 <li>M. Kendall Day, a former DOJ white-collar prosecutor, joins Binance’s legal team to represent the firm in the SEC case.</li>
 <li>The giant crypto exchange has been under US investigation since 2018 for alleged AML violations.</li>
</ul>
In a bold move to reinforce its legal defense, Binance, the world’s largest cryptocurrency exchange, has hired former officials from both the U.S. Department of Justice (DOJ) and the <a href="https://coinedition.com/tag/sec/" rel="noopener noreferrer nofollow">Securities and Exchange Commission (SEC)</a>, despite facing investigations from these very agencies.
According to Bloomberg’s <a href="https://www.bloomberg.com/news/articles/2023-06-22/binance-hires-former-justice-department-prosecutor-in-sec-fight#xj4y7vzkg" target="_blank" rel="noopener noreferrer nofollow">report</a>, Binance’s latest addition to its growing legal team is M. Kendall Day, a former white-collar prosecutor at the DOJ who will represent the firm in the SEC case. Day brings with him 15 years of experience as the former acting deputy assistant attorney general at the Criminal Division. He was also chief of the department’s Money Laundering and Asset Recovery Section.
The <a href="https://coinedition.com/secs-lawsuit-alleges-that-cz-controlled-binance-us-operations/" rel="noopener noreferrer nofollow">SEC lawsuit</a> is just one of the legal challenges faced by the crypto exchange. Binance has recently been in the spotlight due to an increasing number of investigations by other US government…
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/former-doj-and-sec-heavyweights-join-binance-legal-team/">Former DOJ and SEC Heavyweights Join Binance Legal Team</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Former DOJ and SEC Heavyweights Join Binance Legal Team

Coin Edition

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