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American Tax Officer-Chapter 592 - 298: The whole investigation team is in trouble_2
Chapter 592: Chapter 298: The whole investigation team is in trouble_2
Upon hearing this, Morfield’s eyes flickered with a hint of doubt. He immediately took and opened the folder, pulling out the files inside.
But as he laid eyes on the contents, his initially curious expression instantly dimmed and was replaced by a sudden outburst of rage, as he slammed the files down hard on the desk.
Indeed, these were the files that David had sent over.
As for their content, they naturally comprised evidence of his involvement in corruption and bribery over this period.
Several minutes later, Morfield, struggling to contain his anger, picked up the phone on his desk, “Percy, the Assistant Prosecutor, come to my office now, right now.”
Percy could detect the urgency in Morfield’s voice and didn’t dare to delay; it took him less than two minutes to push the door open and enter. Facing Morfield, whose complexion was frighteningly dark, he tentatively asked, “What’s the matter, Prosecutor Morfield?”
“Just look at this and you’ll understand.”
Following Morfield’s gaze, Percy saw the file on the desk and immediately picked it up to examine it.
Yet as he perused the information, his face turned the color of liver just like Morfield’s a moment ago.
“This… how could this happen…”
Percy felt like he was about to lose his mind.
Not only did the files contain detailed information about his acceptance of bribes, but they also included nearly every member of their entire investigative team. Who exactly was targeting them?
And how did they manage to gather such detailed information?
Oh, right, could it be…
Percy seemed to realize something and hurriedly checked the file bag that held the documents. Soon enough, he found the signature on it.
Seeing ‘David’ signed on it, Percy instantly had an epiphany, and then he said to Morfield, “Prosecutor Morfield, I warned you yesterday, messing with this David could be dangerous. I never expected that in just one night we would be undone…”
Morfield still wore a deadpan face, but even now he couldn’t understand how this had happened. He had clearly arranged for a clean sweep of any loose ends last night, and yet, in just one night, how did that bastard David collect such detailed information?
“Prosecutor Morfield, he probably sent these as a warning to us. Since he’s so intent on protecting Binance, I think we should stop the investigation into Binance, otherwise, both you and I will be ruined.”
It was clear that Percy was truly panicking, his lips even trembling.
“Stop the investigation? How would we explain this to the higher-ups and the consortia?”
“Explain? With things as they are now, what’s left to explain? Let the higher-ups send another team if they’re able to!”
Seeing that Morfield was still indifferent, Percy continued to caution, “Prosecutor Morfield, we should save ourselves first. Do you really want to end up in jail?”
Having heard this much, Morfield weighed the pros and cons in his mind for quite a while and eventually still picked up the phone, dialing the number of a high-ranking official in the Department of Justice…
Before long, the America Department of Justice received the news, and the reaction among the senior management was one of shock.
However, after much deliberation, most of the senior officials eventually chose to agree to call off the investigation into Binance.
Firstly, because the Internal Revenue Service indeed wielded significant power.
Secondly, since David, the formidable figure, had decided to shield Binance and already held incriminating evidence against the entire Special Investigative Team, the Justice Department’s senior officials naturally feared being investigated themselves.
Of course, most significantly, Binance wasn’t valuable enough for the Justice Department to fall out with the Internal Revenue Service over it.
Seattle, Elliott Bay no. 46.
Lin Huaiwei didn’t even knock as he rushed into Changpeng Zhao’s office, saying excitedly, “Changpeng, I’ve just received news that the Special Prosecutor’s Office on Washington Street has been disbanded.”
“Really? Does that mean the investigation into our Binance is finally over?”
Upon hearing this, Changpeng Zhao’s breathing also became hurried.
After the breakdown of talks with Morfield last night, to be honest, he was still a little depressed and also worried that Director David was now dealing with big corporations like Ethereum and USDT and wouldn’t have time to bother with his case.
But to his surprise, in just one night, the situation had drastically changed.
“Although there is no clear message yet, since the prosecutor’s office has withdrawn, it definitely means the investigation against our Binance has come to an end,”
Even though Lin Huaiwei’s words made sense, in order to completely verify the matter, Changpeng Zhao immediately took out his phone, found Director David’s number, and dialed it.
The call was quickly answered, and he said eagerly, “Director David, I have just received news that the Special Prosecutor’s Office has been withdrawn; was it you who intervened?”
“What else?”
These were just three light words, but they sounded like heavenly music to Changpeng Zhao’s ears, and he said with great joy, “Director David, I really don’t know what to say, but thank you so much for your help!”
Ever since the America Department of Justice began its investigation against Binance, Changpeng Zhao hadn’t been able to eat or sleep well, and he even frequently dreamed that the control of the company was being taken away, and that he himself was thrown into prison.
But from today onwards, he no longer had to worry about that!
“No need to thank me, just remember the conditions we agreed upon. From now on, you must keep an eye on the Bitcoin, Ethereum, USDT, and other cryptocurrency transactions for me; there must be no slip-ups!”
“Of course, from now on, every month, oh no, every fortnight, I will deliver to you a detailed transaction report for all the major cryptocurrency companies.”
Handing in the data every two weeks would be labor-intensive and costly, but to show his loyalty, Changpeng Zhao thought it was all worth it.
“Good, we’ll be in touch. I’m about to board my plane,”
…
Chicago, Willis Tower, 77th floor, Ethereum headquarters.
At this moment, Vikram was discussing with a group of senior executives how to deal with the investigation from Director David.
Just then, his assistant burst in and said, “Mr. Vikram, we just got news that the Department of Justice has called off the investigation against Binance.”
“What did you say? How is that possible…”
Not just Vikram, but all the high-ranking executives of Ethereum were stunned.
The investigation of Binance by the America Department of Justice was not only targeted because of its Chinese proprietor, Changpeng Zhao, but also due to the stirring from these cryptocurrency companies themselves.
They had long reached an agreement with the major consortia that once Changpeng Zhao was kicked out of Binance, they would jointly carve up the world’s largest cryptocurrency exchange.
But now, just when they were about to reap the fruits of victory, the Department of Justice suddenly canceled the investigation?
What was going on?
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“Mr. Vikram, I inquired with some people at the Department of Justice, and it seems that the cancellation was due to some unavoidable interference, but they did not specify what kind of interference,” his assistant explained.
“Unavoidable interference?”
Vikram and the others were dumbfounded again.
What kind of force could make the Department of Justice, a powerful arm of America, release the prey at its mouth?
“Wait a minute…”
One of the executives seemed to have thought of something and, with widened eyes, said, “Didn’t Binance go to the IRS for tax reporting yesterday? Moreover, their public statement to the media afterward was almost like acting as a lackey for the IRS. Could it be that the IRS intervened?”
That statement was a wake-up call for everyone.
Indeed, if there was any department in America that could make the Department of Justice take a step back, the IRS would definitely be one of them.
If the IRS had stepped in to protect Binance, then it made sense why the Department of Justice had withdrawn the investigation!