TechFlow news: John Reed Stark, former director of the Office of Internet Enforcement at the U.S. Securities and Exchange Commission (SEC), said on Twitter that the U.S. Department of Justice is about to or has already sealed criminal charges related to Binance.
Stark stated that based on his nearly 20 years of experience in SEC enforcement, having managed numerous joint prosecutions involving the SEC and the Department of Justice, there are strong indications that the U.S. Department of Justice is about to or has already filed criminal charges concerning Binance. These charges may include money laundering, fraud, deception, obstruction of justice, and other criminal allegations, resembling criminal indictments rather than complaints from the CFTC or SEC.
