it's not only IRS but DOJ too. I guess there are maybe few americans that used binance as a way to avoid the tax. IRS is going so mad right now. This news has been making the dump even deeper for the binance coin. CZ gives no comment about such news.
I guess that IRS will be suing binance to send the report about its users to the IRS.
Topic: Binance is investigated by the IRS - BNB fell sharply today from $660 to $540 - page 2. (Read 221 times)
May 13, 2021, 06:57:55 PM
May 13, 2021, 06:04:04 PM
In the last day, there have been very sharp declines not only in binance and its coins, but also in the entire crypto money market. Maybe this research has an effect on the decrease of binance, but there have been many events such as elon musk and tesla suspending bitcoin payments, vitalik selling shitcoins in their hands and the crypto money market has been wounded.
May 13, 2021, 05:53:48 PM
Hey mate not only Binance coin price destruction but also all others coins also dumped so much that we can easily get understand that it's a effect of Elon musk announcement. Please 🙏 check the cryptocurrencies market chart where you can easily find all price dumped .
May 13, 2021, 05:48:46 PM
Joel - if you google search "Binance" it will pop up - here's your link:
https://www.bloomberg.com/news/articles/2021-05-13/binance-probed-by-u-s-as-money-laundering-tax-sleuths-bore-in
We don't determine US presence/activity for the company, the US govt can determine that. They have an army of legal advisers on their side.
This doesn't look good, period.
May 13, 2021, 05:36:35 PM
Where did you get this information from? Can you link to the media article?
Does IRS have the authority to investigate Binance? The company is not headquartered in the US neither allows its operations in all of the US states.
Does IRS have the authority to investigate Binance? The company is not headquartered in the US neither allows its operations in all of the US states.
Joel - if you google search "Binance" it will pop up - here's your link:
https://www.bloomberg.com/news/articles/2021-05-13/binance-probed-by-u-s-as-money-laundering-tax-sleuths-bore-in
We don't determine US presence/activity for the company, the US govt can determine that. They have an army of legal advisers on their side.
This doesn't look good, period.
May 13, 2021, 05:33:02 PM
Quote
About 3-4 hours ago the media has published Binance is being investigated by the IRS.
Where did you get this information from? Can you link to the media article?Does IRS have the authority to investigate Binance? The company is not headquartered in the US neither allows its operations in all of the US states.
May 13, 2021, 05:30:11 PM
About 3-4 hours ago the media has published Binance is being investigated by the IRS.
Remember this thread we started 2 weeks ago?
https://bitcointalksearch.org/topic/why-binance-can-be-the-next-e-gold-or-libertyreserve-5333873
Keep on unederstimating the US government or other governments around the world.
And this is your explanation for the huge falls in Crypto today - whilst the Cardano network is rising because investors want an alternative.
Remember this thread we started 2 weeks ago?
https://bitcointalksearch.org/topic/why-binance-can-be-the-next-e-gold-or-libertyreserve-5333873
Keep on unederstimating the US government or other governments around the world.
And this is your explanation for the huge falls in Crypto today - whilst the Cardano network is rising because investors want an alternative.
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