DOJ warning puts Binance crypto freeze policy in the spotlight
The post DOJ warning puts Binance crypto freeze policy in the spotlight appeared on BitcoinEthereumNews.com. A reported Justice Department memo has put Binance’s law enforcement cooperation back in focus. The Information reported that DOJ staff were told to expect less support from the exchange in crypto cases starting June 8. Summary DOJ reportedly expects slower Binance action when prosecutors seek account freezes or crypto seizures abroad. Binance denies any change, saying it will keep handling U.S. law enforcement requests as normal. Any shift from courtesy freezes to MLATs could slow fast-moving crypto crime asset recovery work. The reported memo said Binance would stop offering courtesy freezes and would require Mutual Legal Assistance Treaty requests, or other formal legal steps, for some account freezes or seizures. Courtesy freezes are temporary holds that exchanges may place before full legal paperwork arrives. The Information: A DOJ memo warned staff to expect less Binance c