Interesting piece out of the SEC. The problem with this is that Banc De Binary happens to be a regulated binary options broker under the FSA in the United Kingdom http://www.binaryex.com/regulated-binary-options/ . They do not accept US based traders and they are even trying to get CFTC approval to accept US traders. Binary Options is great for gamers, gamblers and some investors, so why not just work out a way to regulate it like the UK, Cyprus and other EU countries are doing?
Even if you get quote a more realistic price than 68. They will still cheat by rejecting your orders once your account turns too profitable for their liking.