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🫵 CFTC Comes for Binance

written for those who
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FTW Editorial Team@forthosewho_hq•2 years ago•4 min read
For Those Who’s team is comprised of specialized writers and editors dedicated to creating quality content, focused on niches of the web3 world.

The Scoop

The market is currently bullish but news of Binance being sued by the US Commodity Futures Trading Commission could have serious implications 👎🏻 for the space, with allegations of KYC evasion and prop trading potentially leading to issues for Binance and caution for investors. 👻

Why it matters

  • because it might set a precedent. This is the biggest step the U.S. has made to crack down on Binance. And the exchange doesn’t have a clear, easy way out.

🫵 CFTC Comes for Binance for those who invest in Crypto

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