Binance Loses $12 Billion! - Is Binance Safe

[The_Krakenite]

Oh look! It's our failure Gensler back in his earlier days when he did a terrible job at nailing fraudulent Futures Trading Institutions.

That was before he got demoted into dealing with crypto exchanges. I wonder why he got demoted... Listen closely!

 

[zdreg]

Not true, they are strictly regulated and are regularly audited and have to adhere to reporting requirements. Your point is ridiculous to equate a black sheep in 1 or 2 decades with this fuck sharade called cryptos.[/Q

 

[gwb-trading]

The S.E.C. charged Binance, the world’s largest cryptocurrency exchange, with mishandling customer funds and lying to regulators.
The Wall Street regulator said Binance had been mixing “billions of dollars” in customer funds and secretly sending them to a separate company controlled by Binance’s founder, Changpeng Zhao.
Monday, June 5, 2023 11:29 AM ET
https://www.nytimes.com/2023/06/05/business/sec-binance-charges.html


Nothing more than another scam.

 

[murray t turtle]

Not true, they are strictly regulated and are regularly audited and have to adhere to reporting requirements. Your point is ridiculous to equate a black sheep in 1 or 2 decades with this f*ck sharade called cryptos.

%%
MOST amazing % difference is the super small failure rate of most derivatives+ those exchanges ;
+ all the crypto cr*p scams, fraud, money laundering .
Wachdog on Wall Street said the DOJ should go after them[ crypto ,Ponzi promoters, money launderers]