Bloomberg: Sullivan & Cromwell to be appointed independent observer of Binance

16.02.2024
16.02.2024

According to Bloomberg, law firm Sullivan & Cromwell will be appointed as an independent monitor for Binance.

Sullivan & Cromwell is also handling the FTX bankruptcy case.

The Company will monitor Binance's compliance with its plea agreement and take steps to address weaknesses in its anti-money laundering and sanctions compliance systems.

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