The U.S. Department of Justice has selected consulting firm Forensic Risk Alliance as Binance’s external regulator

The U.S. Department of Justice (DOJ) has selected consulting firm Forensic Risk Alliance as Binance's external regulator. According to people familiar with the matter, Wall Street law firm Sullivan & Cromwell was initially considered the best choice for this role. The U.S. Department of Justice declined to comment on the matter. Spokespersons for Sullivan & Cromwell and FRA did not immediately respond to requests for comment. (Bloomberg)