The temptation is always too high for centralized entities to fly straight.
05 Apr 2023, 10:00
The temptation is always too high for centralized entities to fly straight.
DeFi and decentralization across all sectors is the ONLY answer🫡
So Binance is being sued by the CFTC (USA) for basically having a 'secret' in-house trading desk with 300 accounts.
This states that Binance is basically trading against all of their users, with their 'quant' desk using private transactional data.
It seems they also "sold" it…