Sounds like a scam to me 🤷
Comment on [deleted]
NotMyOldRedditName@lemmy.world 7 months agoSounds like the bulk of this isnt about any scam, it was the company not following KYC/AML laws. There was a brief note on moving money somewhere incorrectly, but not sure what the actual outcome of that was.
helenslunch@feddit.nl 7 months ago
NotMyOldRedditName@lemmy.world 7 months ago
Nothing about that is a scam.
Not following regulations doesn’t make it a scam.
xep@kbin.social 7 months ago
If Binance knew that they were trading derivatives illegally in the US and went ahead with it any way, then they were deceiving their customers, which does make it a scam.
Warl0k3@lemmy.world 7 months ago
This is a weird hill to die on, dude.
520@kbin.social 7 months ago
No.
A scam is where you defraud someone. No one was defrauded here.
Not every illegal action is a scam.
GrunerAffe@lemmynsfw.com 7 months ago
Not the definition of a scam, much more like a conspiracy by Binance
Landmammals@lemmy.world 7 months ago
The word you’re looking for is conspiracy, not scam.
ayaya@lemdro.id 7 months ago
Yeah from what I’m seeing it’s not that they’re scamming their customers it looks like a compliance problem. Things like getting not proper ID and allowing illegal and/or foreign transactions.