3 ms·

The fall of Binance is overdue. I hope the effects on account holders are small.

• qwertox 3y ago
  Binance feels like one of the biggest scams on earth.
  • cm2187 3y ago
    Is scam the right term? The article suggests they are accused of not enforcing financial repression (sanctions, anti-money laundering laws, etc). I can see how that can get them in trouble, but it doesn't mean it's a scam. FTX was a scam.
    • zoover2020 3y ago
      That's what all scams say
    • unicornmama 3y ago
      They most certainly engaged in wash trading and traded against their own customers.
    • senttoschool 3y ago
      >Is scam the right term? They're a scam, ponzi, unregistered exchange. One examples of Binance scamming is that they trade against their own customers on their platform.
  • LatteLazy 3y ago
    Many think that, but no one has any proof yet...