Binance Aims to Rehabilitate Rule-Breaker Image Amid US Crackdown with 650% Manpower Increase

Binance, the world's largest crypto trading platform, has increased the number of employees dedicated to compliance by 650% in the last two years.

The move is aimed at rehabilitating the company's image as a rule-breaker amid a US crackdown on cryptocurrency exchanges.

Binance is currently under investigation by the US Justice Department for possible violations of sanctions and money laundering rules.

The company's compliance program has been criticized as "ineffective" and accused of aiding and abetting violations.