DOJ rejects Sullivan & Cromwell, picks FRA for Binance’s monitorship

The US Department of Justice (DOJ) has chosen Forensic Risk Alliance (FRA) for Binance Holdings' three-year monitorship over initial favorite Sullivan & Cromwell (S&C), BNB Bloomberg reported today.This is a requirement of Binance's November plea deal for violating money-laundering regulations and trade sanctions. Binance also agreed to a $4.3 billion penalty, and CEO Changpeng Zhao... source: https://cryptobriefing.com/doj-binance-monitorship-fra/