Monday, October 2, 2023

CFTC sues Finance

By DAC000 , in Binance Regulation , at March 28, 2023 Tags: ,

for violating US securities laws, multiple sources are reporting this evening, CNBC linked here. About a two minute read.

Comment: America’s assault on crypto continues, and BZ / Binance are a big target. We’re still not sure how this is going to end, except that Bitcoin is idemnified. Used to be Etheruem was too, but migrating to Proof of Stake may prove to be an egregious error. Other alt-coins? Likely barred from US trading. Be careful what you hold.