WSJ: Federal prosecutors are examining Binance's dealings with U.S. hedge funds

According to BlockBeats, January 7, the U.S. Attorney's office for the Western District of Washington in Seattle directed investment firms to turn over records of their communications with Binance, the Washington Post reported, citing sources familiar with the matter. Legal experts point out that the official move does not necessarily mean charges will be filed. Patrick Hillmann, Binance's chief strategy officer, said inan interview that Binance was "in daily communication with regulators around the world" but declined to comment on the status of any U.S. investigations.