#BREAKING: Is the US covertly trying to BAN crypto?
The CFTC just filed a lawsuit against Binance and its CEO alleging that the company conducted illegal futures trading and violated registration requirements.
According to the CFTC, Binance allowed US customers to trade on the platform despite not being registered, and failed to implement adequate anti-money laundering measures.
This follows multiple actions that have ignited concerns of a broad regulatory crackdown on crypto:
- SEC lawsuit against Paxos re BUSD
- SEC targets Kraken
- Gary Gensler labels all crypto a security, except BTC
- Senate committee holds hearing on BTC environmental impact
- Biden bill targets crypto miners on tax
- NY Attorney General declares ETH a security
- SEC blocks BTC ETF
- Silvergate collapses after SEC investigation
- Court blocks Binance from buying Voyager
- OCC lets crypto bank trust charter application expire
- Coinbase gets an SEC Wells Notice
- SEC targets crypto influencers
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