Binance getting away with murder

Dear Reader,

U.S. "Alphabet Agencies" want to nail Binance bad. 

In March, the CFTC charged the exchange with violating trading and derivatives regulations.

In June, the SEC sued Binance.  

Claiming Binance offers unregistered securities and operates illegally. 

Now, Binance is the target of a criminal probe.

"Allegedly" the exchange violated sanctions on Russia. 

What's next?

Maybe nothing.

Because the Department of Justice made a little realization. 

Indicting Binance could cause a run on the exchange. 

Consumers would get the short end of the stick. 

(Isn't that how it always goes?)

For now, Binance is in the clear. 

No charges have been filed. 

The rumor mill says Binance is thinking of shutting down its U.S. exchange. 

Operating out of China seems a more prudent course of action.

Binance denies any such plans either way. 

All this legal stuff has had consequences.

BNB has seen a drastic price drop since late May.

Speaking of drastic price shifts…

Cointelegraph Markets Pro alerts users to major events.

Right before the news impacts crypto prices.  

Regards,

Russell DeCorte
Director
Markets Pro

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