• Tue. Feb 27th, 2024

Binance and Coinbase Show Knife for Crypto: Lionel Laurent

Binance and Coinbase Show Knife for Crypto: Lionel Laurent

Binance and other cryptocurrency firms were expected to survive a once inevitably rallying market from the wreckage of the FTX crash. Now, US regulators have made it Clear The entire crypto sector has its knives out, intent on inflicting death by a thousand cuts.

The Securities and Exchange Commission on Monday filed a 136-page complaint against Binance for mishandling customer funds, improperly operating as an unregistered exchange and violating securities laws — thanks to internal chats that date back to 2008 as a Libor trader. shame “We operate an unlicensed securities…

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