Golden Finance Report states that former Binance CEO CZ and the platform Binance are facing a class action lawsuit for allegedly providing money laundering services to criminals and infringing on consumer rights. The lawsuit was filed in the Federal Court of Seattle, accusing Binance of becoming a 'cryptocurrency money laundering empire,' allowing hackers, thieves, and other criminals to launder illegal funds on their platform and profit from it. Additionally, the lawsuit charges Binance with engaging in illegal racketeering activities, violating RICO laws. It is worth noting that this is not the first time Binance has been embroiled in money laundering controversies. In November last year, CZ admitted guilt for money laundering violations, and was sentenced to four months in prison in April this year.