> How do you know? When Binance’s own Chief Compliance Officer was primarily in the business of helping customers avoid compliance, it doesn’t seem like they would know very much about what ultimately went down on the platform. The complaint quotes an internal email that read: “We close our eyes.”

I don't, but obviously the CFTC doesn't either, otherwise they'd have spelled it out. So, considering the party investigating is ignorant of any significant terrorist financing activity, I see no reason to think otherwise.

> Binance was a major counterparty of Bitzlato, a crypto exchange that existed primarily for Russian money laundering: https://www.reuters.com/business/finance/binance-moved-346-m...

There is nothing in the complaint stating that Binance knowingly facilitated any criminal activity of Bitzlato, afaik. The fact that criminal actors had an account at a financial institution is not prima facie evidence of any crime on the part of the financial institution, especially not for one that isn't registered in the US. Even for US registered entities, plenty of criminals have bank accounts. It's the bank's job to perform a certain level of diligence to stop them, not an infinite level of diligence.

If the CFTC believed Binancing knowing facilitated criminal activity on the part of Bitzlato, that'd be in the complaint. It's not, therefore, they don't. Or at the very least, they have insufficient evidence for it.

So any suggestion that significant terrorist financing is being stopped here is pure speculation, unsupported by anything in the document itself.