Attorney General and Treasury Secretary on Cryptocurrency Enforcement

Attorney General Merrick Garland and Treasury Secretary Janet Yellen announce enforcement actions taken against Binance, the largest cryptocurrency exchange in the world.

Garland: "The Justice Department has secured felony guilty pleas from the world's largest cryptocurrency exchange Binance...The Justice Department is requiring Binance to pay $4.3 billion in penalties and forfeitures…Using new technology to break the law does not make you a disruptor, it make you a criminal.

Yellen: "We have taken the largest enforcement action in Treasury's history."

Full video here: https://www.c-span.org/video/?532002-1/attorney-general-merrick-garland-treasury-secretary-yellen-news-conference



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