Wang Hongwei Criticizes Binance as "International Fraud Syndicate," Urges Ministry of Justice to Cease Cooperation; Binance Clarifies: "Never Penalized for Fraud"
KMT legislator Wang Hongwei raised concerns during a Legislative Yuan session about the Ministry of Justice's cooperation with Binance, the world's largest cryptocurrency exchange. She accused Binance of being notorious for money laundering and international crime, calling for an end to the partnership. In response, Binance emphasized that it has never been penalized for fraud and actively collaborates with global law enforcement agencies.
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