Binance Adjusts Law Enforcement Collaboration Process, European Investigators Say Crypto Crime Tracking Difficulty Rises

TechFlow news, July 28, according to The New York Times, Binance has adjusted its cooperation methods with law enforcement agencies in multiple countries, requiring some investigation requests to be submitted through foreign government channels instead. European investigators stated that this move has lengthened the investigation process and increased the difficulty of tracking fraud and investigating anti-money laundering cases.

The report also mentioned that relevant policy changes, combined with the departure of some senior compliance personnel, have hindered some European investigations and sparked concern in the United States.