Link copied 
Binance, a popular cryptocurrency exchange, is reportedly under investigation by the US Department of Justice (DOJ) over potential violations of sanctions related to Russia, according to Bloomberg.
The DOJ is scrutinizing whether Binance allowed individuals from Russia and other sanctioned countries to use its platform for trading.
This investigation is part of a broader effort by US authorities to crack down on money laundering and illicit activities in the cryptocurrency industry.
The DOJ's interest in Binance is the latest in a series of regulatory challenges facing the exchange, which has previously faced scrutiny from regulators in other countries such as the UK, Japan, and Thailand.
Binance has not commented on the reported investigation, but the exchange has stated that it takes compliance and regulatory obligations seriously and is committed to working with authorities to ensure a safe and transparent trading environment for its users.
The exchange has also implemented various measures to enhance its compliance framework, including the appointment of former US Treasury official Brian Brooks as CEO and the establishment of a global compliance team.
