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Binance Faces Fraud Allegations! Cryptocurrency exchange Binance is being accused of fraud by officials from the U.S. Department of Justice.
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Binance has previously received warnings and even faced lawsuits from the U.S. Securities and Exchange Commission (SEC) and other legal authorities in the United States, similar to Coinbase. Now, officials from the U.S. Department of Justice are evaluating fraud allegations against the cryptocurrency exchange Binance. However, according to close sources, there are concerns about the potential cost it may impose on consumers.
Prosecutors are considering options such as imposing a fine or a decision not to pursue charges against Binance. The final decision regarding the exchange is not yet clear.
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