The United States Department of Justice is reportedly conflicted on whether to file criminal charges against Binance now or after further investigation.

    Binance could soon be hit with charges of unlicensed money transmission, money laundering conspiracy, and criminal sanctions violations, according to a Reuters report.
    The officers in charge of the investigation are reportedly conflicted on whether to file charges using the evidence already gathered, or keep investigating.
    Changpeng Zhao responded to the report with a tweet implying that Reuters was being paid by Sam Bankman-Fried to spread fear, doubt, and uncertainty about Binance.

Zhao, for his part, responded with a tweet implying that Reuters was being paid by former FTX CEO Sam Bankman-Fried to spread fear, doubt, and uncertainty about Binance. Zhao has been critical of Reuters’ reporting on Binance in the past, stating that some of their previous articles were “inaccurate” and written by “irresponsible journalists.”


How will this affect the bitcoin price? Will it go down further?