The SEC’s case against Binance, a live reading by Liz Lopatto
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Why does it matter that Binance is commingling customer funds?
Bennett Tomlin of Crypto Critics Corner takes you through it and uh, it’s maybe not great. “Their entire claimed segregation of client crypto assets depends entirely on Binance having perfect, or very, very good internal accounting records,” Tomlin says.
Yikes.
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