BREAKING: Binance sued by CFTC - Crypto in retreat

4:30 PM March 27, 2023

US regulator CFTC is suing cryptocurrency exchange Binance and its founder Changpeng Zhao due to issues related to violation of trading rules and derivatives. The news triggered a sharp sell-off of Binancecoin. Bitcoin also took a hit and dropped below the 28,000 mark. Nevertheless, at the moment Binancecoin is losing less than 2%.

Source: xStation5

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