World's largest crypto exchange Binance is reportedly under investigation

Illustration by Alex Castro / The Verge Cryptocurrency exchange Binance is being investigated by the Internal Revenue Service and the Department of Justice, Bloomberg reports, with officials who handle money laundering and tax offenses in particular taking a interest in Binance's business. Founded in 2017, Binance is the largest cryptocurrency exchange in the world. It's incorporated in the Cayman Islands and has an office in Singapore. According to Bloomberg, the US Commodity Futures Trading Co...