I thought this was appropriate for the crypto section. It just goes to show you that just because something is regulated doesn't mean it's safe, in fact it means the exact opposite.
https://www.cnbc.com/2019/05/16/eu-regulators-fine-five-banks-for-forex-rigging.html
https://www.cnbc.com/2019/05/16/eu-regulators-fine-five-banks-for-forex-rigging.html