Guillaume Pousaz, the CEO of Checkout, has stated that the practices employed by Binance regarding anti-money laundering (AML) measures, compliance with sanctions, and overall control over regulatory requirements are not satisfactory to the payment operator and its partners. This dissatisfaction has led to the termination of the contract between the two companies.
Binance has disagreed with the expressed grievances and hinted at possible legal consequences. A representative from Binance, Dewi Mustajab, mentioned that the exchange is considering the possibility of filing a lawsuit against Checkout for the unilateral termination of the partnership.
