U.S. DOJ Internal Memo Warns Prosecutors of Reduced Cooperation from Binance
According to Information, the U.S. Department of Justice (DOJ) sent a memo to prosecutors handling digital currency cases in early June, anticipating that cooperation from Binance, the world's largest crypto platform, will decrease in the future.
The memo was issued by digital currency legal advisor Rachel Jones and copied to senior prosecutors, including Kevin Mosley, who is involved in the 2023 case against Binance; Binance will impose stricter requirements regarding asset freezes.
Binance denies the claims, stating that its cooperation with law enforcement remains unchanged and will continue to do so in the future.
Source: Public Information
ABAB AI Insight
The DOJ previously reached a settlement with Binance in 2023, leading to CZ's resignation. This memo reflects ongoing vigilance from regulators regarding Binance's compliance execution.
In terms of capital pathways, Binance may tighten its cooperation with law enforcement on asset freezes, shifting resources towards global business diversification, motivated by a desire to reduce the impact of U.S. regulatory uncertainty, strategically balancing compliance costs with business autonomy.
Similar to Binance's strategy adjustments following CZ's departure, and the dynamic interplay between other platforms and regulators, the U.S. is currently transitioning from high-intensity enforcement and settlements to long-term supervision in crypto enforcement.
This essentially represents a regulatory change: the memo anticipates reduced cooperation, stemming from the platform's global layout and the balance of regulatory pressures, prompting a redistribution of pricing power between enforcement and compliance, which will affect the efficiency of future digital currency case handling.
ABAB News · Cognitive Law
Tighter cooperation post-settlement weakens the leverage of single regulation on global platform layout.
The memo's anticipation serves as a policy signal, with enforcement expectations driving a new balance in compliance.
Binance's denial of change indicates that the long-term regulatory game will define the evolution of industry rules.