Although regulatory scrutiny on Binance has intensified following its rival FTX’s collapse final November, Binance has been underneath investigation by the U.S. Lawyer’s Workplace for the Western District of Washington since not less than 2018, in line with Reuters. The Division of Justice (DOJ) has reportedly despatched not less than two buying and selling corporations subpoenas in latest months, requesting data of their previous dealings with Binance US.