.Binance and its CEO cz_binance are facing a long, hot summer of government investigations and interventions. It's already taken a toll. by jesseahamilton
that there’s “turnover at every company,” and downplayed media suggestions that some people left because of how he was handling a U.S. Department of Justice investigation of Binance.
“Cross-border information sharing is generally cumbersome,” said Zerden, who is also an adjunct senior fellow at the Center for a New American Security. Working across borders “can be incredibly frustrating for law enforcement and regulatory officials,” but when friendly jurisdictions have similar concerns, the work can move much more quickly.
Apart from the specifics surrounding Binance, its troubles could be amplified by its famous absence of a home base – a situation that governments may lose patience with.
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