Crypto Giant Binance Offered Perks to 'Flash Boys,' Regulator's Lawsuit Says; CFTC says exchange allowed U.S.-based trading firms to access its international derivatives market, circumventing ban on Americans Alexander Osipovich - The Wall Street Journal A regulator's lawsuit against crypto exchange Binance Holdings Ltd. has shed light on the secretive role of high-frequency traders in crypto and how Binance sought to curry favor with such big-ticket customers. The Commodity Futures Trading Commission's lawsuit, filed Monday, shows that Binance ran a "VIP" program for big trading firms that gave them various perks including slightly faster access to the exchange's core systems than other customers enjoyed. /rb.gy/j67w
US regulator sues Beaxy in expanded crypto crackdown, as platform shuts down Chris Prentice and Jonathan Stempel - Reuters The U.S. Securities and Exchange Commission (SEC) charged crypto firm Beaxy.com and several executives for registration failures on Wednesday, expanding regulators' push to rein in the industry. /rb.gy/xrms
I maintain that this entire space is rigged by insiders, pay for play participants, shills, unlawful participants, illegal adds by influencers...but hey, cryptos are safe and sound...what risk checks you need when Matt Damon and Madonna say it's ok. A pathetic air balloon.
Dude, we have people INSIDE US politics that practically OPENLY insider-trade, making many times more returns than Buffet/Munger, and Dalio combined. Yet we're whining about crypto space? There is an expression about Pots and Kettles calling each other black.
Can't say that anymore, it is racist. Like black holes. Racist. Stephen Hawking, the wheelchair genius, is racist. White holes are OK to talk about in theoretical physics, but not black holes. Racist.
Don't be silly. From my understanding the last 2.5 years, it's perfectly fine to talk about the adjective 'white' as long as it is ONLY used in a NEGATIVE context. Please follow the CEO of Coke's indoctrination program folks... "Be less white ya all!"
I am not being silly. Hear me now and believe me later...Soon we are going to hear about how "Black Friday", the day after Thanksgiving, is racist, and needs to be stricken from the record.