CNBC - Bitcoin falls after CFTC sues crypto exchange Binance for allegedly breaking trading rules

in blockchain •  2 years ago 

https://www.cnbc.com/amp/2023/03/27/bitcoin-drops-after-cftc-sues-crypto-exchange-binance-for-allegedly-breaking-trading-rules.html
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Binance is being sued by the CFTC for violating eight provisions of the law "designed to prevent money laundering."

As a result of this suit, the price of bitcoin fell 3% to $26,955.61, according to Coin Metrics.

Meanwhile, Binance is the largest cryptocurrency exchange, and the U.S. legal action will have a major impact on the industry, according to one analyst.

Watch out for a possible Bitcoin dump!!

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blockchain horror down bitcoin cftc sues binance rules
2 years ago by

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