Binance faces US probe of possible Russian sanctions violations- Bloomberg News

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May 5 (Reuters) – The U.S. Justice Department is investigating whether Binance Holdings was illegally used to let Russians skirt U.S. sanctions and move money through the cryptocurrency exchange, Bloomberg News reported on Friday, citing people familiar with the matter.

Reporting by Jose Joseph in Bengaluru; Editing by Maju Samuel

Our Standards: The Thomson Reuters Trust Principles.

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