The CFTC's case vs. Binance is mainly about US clients, like high-frequency trading firms in NYC and Chicago, using an unregistered crypto derivatives exchange (Matt Levine/Bloomberg)
The CFTC's case vs. Binance is mainly about US clients, like high-frequency trading firms in NYC and Chicago, using an unregistered crypto derivatives exchange — Binance — A decent rule of thumb is that all cryptocurrency exchanges are doing crimes, and if you're lucky your exchange is doing only process crimes.
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