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Tue, Sep 15, 2020 1:26 PM by Coinfomania

Binance Sued for Aiding the Laundering of More Than $9m Worth of Bitcoin in 2018 Hack

The world’s leading cryptocurrency exchange Binance is currently facing a lawsuit filed by Japanese crypto exchange, Fisco, for “aiding and abetting” the laundering of funds stolen from the company in a hack that occurred in 2018. According to the report which first appeared on Coindesk today, Fisco filed the complaint against Binance yesterday in the North California District Court. At the time of the hack, the Japanese exchange was known as Zaif. However, just a month after the company was hacked, losing over 6,000 Bitcoin and many other cryptocurrencies, it was sold to Fisco in order to compensate its users

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