The Binance exchange has once again come under fire for comments from US regulators.
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This time, the US Department of Justice (DoJ) has indicated that it is considering sanctions against the exchange for fraud.
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US prosecutors have expressed concerns that such a move could trigger a run on Binance withdrawals.
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The amount of bitcoin stored on centralised exchanges has been declining for some time - the apparent trend of storing it on private so-called 'cold wallets'.
Bitcoin and Binancecoin reacted violently to the announcement by the US Department of Justice, however, a rebound movement was initiated very quickly. Source: xStation 5
Source: xStation 5
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