Comment on Binance users pull over $1 billion from the exchange after CEO leaves, pleads guilty

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thenightisdark@lemmy.world ⁨7⁩ ⁨months⁩ ago

" crypto is mostly something they just hope to resell later to a higher bidder"

Unfortunately this is not true. It was getting used for money laundering, which is not reselling to the highest bidder. The proof is in the fact that they payed the fine.

Otherwise what was the fine for?

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