Binance Holdings Ltd. is facing a federal investigation by the U.S. Department of Justice and the Internal Revenue Service, Bloomberg reported Thursday.
Officials specializing in tax and money-laundering investigations are probing the world’s largest crypto exchange, according to the report.
Binance operates a sprawling global empire of crypto trading, including derivatives, which are essentially barred from the U.S. market. The Binance brand has attempted to project itself as above-board through recent regulatory hires including former U.S. senator Max Baucus. Former banking regulator Brian Brooks was installed as CEO of Binance’s U.S. affiliate last month.
“We take our legal obligations very seriously and engage with regulators and law enforcement in a collaborative fashion,” a Binance spokesperson said in a statement. “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.”
She declined to comment on the reported investigation.
Binance CEO “CZ” Changpeng Zhao commented on the Bloomberg article in a tweet:
The CDC director just gave us a dark coronavirus warning
The latest coronavirus update for the US through mid-morning on Thursday shows that, according to the latest data collected by the team at Johns Hopkins University, more than 28.7 million coronavirus cases have been reported in the US since the start of the pandemic. Additionally, the coronavirus death toll in the US was approaching 519,000 as of the time of this writing.
Nevertheless, two states created an uproar this week when both states (Texas and Mississippi) announced their decision to pull back restrictions and mandates imposed during the pandemic, like max capacity requirements for businesses and statewide face mask rules. President Biden criticized these moves as the product of “Neanderthal thinking,” while CDC director Dr. Rochelle Walensky actually went farther than that — warning during a White House press briefing this week that the US could lose all of the progress made thus far as a result of the spread of more transmissible coronavirus variants. Spread that would be helped even more by states like these and others that join them pulling back on their coronavirus-related public safety measures too soon.
“Please hear me clearly,” Dr. Walensky said. “At this level of cases with variants spreading, we stand to completely lose the hard-earned ground we have gained. These variants are a very real threat to our people and to our progress. Now is not the time to relax the critical safeguards that we know could stop the spread of COVID-19 in our communities, not when we are so close.”
While there has been a degree of promising news coverage in recent days and weeks, make no mistake: We’re still very much in the middle of a dangerous pandemic. COVID-19 cases, as well as related deaths, are up about 2% compared to last week — and we’re now averaging around 67,000 coronavirus cases per day, along with some 2,000 deaths each day.
Along these lines, and related to the Texas and Mississippi news, former FDA commissioner Dr. Scott Gottlieb had an important insight to share in a CNBC interview this week — namely, that governments and public health experts need to start talking to people about the end of the pandemic and how we get there. Else, we’ll see more people go down this same road, either by feeling like things are hopeless or prematurely easing up on safety measures. “If we continue to be very prescriptive and not give people a realistic vision for a better future, they’re going to start to ignore the public health guidance,” Gottlieb said.
Walensky continued her remarks by noting that an average of less than 70,000 coronavirus cases a day seems good compared to where we were a few months ago. But we “cannot be resigned” to that.
“Please stay strong in your conviction, continue wearing your well-fitted mask and taking the other public health prevention actions that we know work,” she said. “Ultimately, vaccination is what will bring us out of this pandemic. To get there, we need to vaccinate many more people.”
KANYE WEST LOSES BALLOT SPOT IN WI BY 14 SECONDS
Ashton Kutcher Quietly Saved 6,000 Children From Human Trafficking
Ashton Kutcher is one of the most famous actors of Hollywood, and the most favorite among many people, but besides his career we haven’t heard anything about his off-work activities.
Throughout his career, Ashton Kutcher gained an army of fans and supporters, and that number is still rising to this day. Wonder why? It is because of his efforts to help more victims of human trafficking.
Ashton Kutcher has been running a non-profit organization, called Thorn: Digital Defenders of Children, that is helping victims of human trafficking. It looks like the efforts of this organization has helped the law to identify more than 5,000 child sex trafficking victims. Back in 2017, more than 100 children were rescued from sexual abuse!
The association’s 2017 effect report affirms that Thorn has closed down the plans of 6,608 perpetrators.
The Stop Sextortion campaign was extremely effective, and the association had accomplishment in educating more than 3.5 million teenagers.
Recently known as DNA establishment, Thorn was begun in 2009. Kutcher’s ex, Demi Moore, did her best to shrivel the market that exploits children for sex. Kutcher and Moore were very much aware of the way that this issue gained out of power in the previous decade, and social networks added fuel to the flame.
Kutcher discussed his association and their accomplishment in numerous meetings. He clarifies that the principle target is to make technology that battles sexual exploitation of children. Rather than saving one individual, Kutcher inclines toward making a technique that encourages one individual to save many others.In February 2017, Ashton Kutcher held a speech for 15 minutes about the modern-day slavery to the Senate Foreign Relations Committee. His goal was to simply compel the Congress to take larger steps and put a big end to the misery that many children and women sadly have to go through, because they are unable to protect themselves.Kutcher also spoke about the rights that everyone has, adding that those very rights are violated every day. Kutcher did not forget to mention that there were people who criticized his dedication and efforts. But he said it’s okay, maybe one day someone will remember that he saved nearly 6,000 children.
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