CFTC Sues Binance Over Regulatory Violations

For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day.

We've spent so much time nervously scrutinizing banks lately we've almost forgotten about that other financial services industry slowly unraveling under the weight of its own harebrained decision-making.

The cryptocurrency crisis hasn't gone away. Some four months after the revelation that FTX was a Madoff-on-steroids-sized super-scam, American regulators accused fellow major crypto exchange Binance of shirking rules and problematic business practices on Monday.

Continue reading


Source Fool.com