Binance spokeswoman Jessica Jung in an official statement said that the company cannot comment on matters under investigation but reassured they would work with the agencies and offer full cooperation in the matter. She said,
“We take our legal obligations very seriously and engage with regulators and law enforcement in a collaborative fashion. We have worked hard to build a robust compliance program that incorporates anti-money laundering principles and tools used by financial institutions to detect and address suspicious activity.”
Changpeng Zhao, the CEO of the firm sent out a cryptic tweet right after the news broke out.
So much FUD today.
It's a pain for some, an opportunity for others.