This just in: Thailand’s cyber police busted a multi-million dollar crypto scam and recovered over $277 million for investors, thanks to help from the Binance exchange.
Authorities apprehended a five-man gang involved in ‘pig butchering’ frauds that targeted novice crypto traders.
While Binance aided the investigation, they remain locked in a regulatory battle with the SEC here in the US over alleged violations.
SEC to Binance: You may have collared the perps in Bangkok, but we’ve still got our eye on you here in DC.
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