U.S. Seizes $3.6 Bln In Bitcoin Stolen In Bitfinex Hack.
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Binance Exchange Under Investigation By U.S. CFTC.
2021-03-12 | Eddy Morgan
“We don't comment, as a matter of policy, on communications with any regulators. What we will say is that we take a collaborative approach in working with regulators around the world and that we take our compliance obligations very seriously.”Crypto derivatives trading shot to new heights throughout the starting of this year in 2021, with Binance itself acting as the venue for $59 Bln’s worth by the time of reporting - over twice the sum of its nearest competitor, Huobi Global. Recently, Singapore-based crypto derivatives exchange Bybit was forced to shut down its operations within the United Kingdom in the wake of the Financial Conduct Authority’s ban on retail derivatives trading. Binance reportedly blocks users from U.S. IP addresses from entering the location, however, a controversial Forbes article earlier from October last year outlined that that founder and CEO, Changpeng Zhao, regularly encouraged users to use a VPN.
