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Binance lapses let Hamas, ISIS, al-Qaeda make Bitcoin trades

Bloomberg
David Voreacos(c) 2023, Bloomberg

(Bloomberg) -- Binance Holdings Ltd. had such lax controls over cryptocurrency transactions on its exchange that terrorists, hackers and sanctions violators used it for years to move billions of dollars, US prosecutors said.

Binance and Chief Executive Officer Changpeng Zhao pleaded guilty to criminal charges Tuesday, admitting they failed to take basic…

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Bloomberg
Binance