Binance has denied claims that it intends to scale back its investigative cooperation with the U.S. law enforcement authorities. The pushback follows an internal DoJ memo suggesting that the exchange’s participation in investigations could soon drop. In a statement shared with The Coin Headlines, Binance strongly denied any such intention on Wednesday.
“There has been and will be no change to Binance’s cooperation with U.S. law enforcement. The opposite of this sentiment is true – we are examining ways to further increase our cooperation,” a Binance spokesperson told The Coin Headlines.
The DoJ-Binance turmoil
A report by The Information released on Wednesday claimed that the DoJ is expecting lesser cooperation from Binance in probing crypto-related financial crimes.
The report alleged that in early June, DoJ’s digital currency counsel, Rachel Jones told the agency’s team of attorneys about the situation through an internal memo.
Senior attorney Kevin Mosley was among those informed about Binance’s alleged step back on investigative assistance. Mosley, in 2023, had prosecuted the department’s case against Binance, leading to charges of money laundering and Bank Secrecy Act violations on exchange founder Changpeng Zhao.
In the memo, Jones reportedly stated that Binance was considering the introduction of new criteria for prosecutors to meet if they were batting to have assets seized or frozen on the exchange.
While the DoJ has not addressed this situation with Binance on any public forum as yet, The Information claims to have seen the memo.
The Coin Headlines is awaiting a response from the Doj seeking clarity on the reported scenario with Binance.
Binance in bedlam
The last few weeks have been particulary challenging for Binance, touted as the largest exchange in the world.
The exchange had to halt its operations in the EU region over incomplete compliance with the MiCA laws. For crypto firms operating in the 27-nation cluster, securing a passportable MiCA license was legally mandated by the regulators by July 1, 2026.
After missing the MiCA compliance deadline, Binance had to severely restrict its services across the EU.
Earlier in May, the exchange had to defend its contribution to funds reaching Iran amid the U.S.-Iran tensions.
A report published by the Wall Street Journal had claimed at the time that Iran moved billions through Binance. At the time, exchange CEO Richard Teng had pushed back on the allegations saying that the WSJ’s report had fundamental inaccuracies.
Elaborating on its stance on the ongoing controversy with the DoJ it said “Binance will continue to cooperate with U.S. law enforcement requests in connection with their investigations as normal. Any suggestion that Binance has reduced or is reducing cooperation with law enforcement is wrong.”
In February 2026, Binance had disclosed that last year it processed over 71,000 law enforcement requests and helped seize more than $752 million in illicit assets globally, including nearly $579 million for U.S. agencies.
