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Just-In: Crypto Exchange Binance Fined $10M in Australia For Allegedly Misclassifying Users

Just-In: Crypto Exchange Binance Fined $10M in Australia For Allegedly Misclassifying Users

Binance, one of the world’s largest crypto exchanges, is facing yet another legal setback. The platform faces a $10 million fine from the Australian Federal Court after experiencing legal difficulties in the United States. The court decision followed Binance’s admission that it had mistakenly identified most of its customers, who then used high-risk derivatives meant

The post Just-In: Crypto Exchange Binance Fined $10M in Australia For Allegedly Misclassifying Users appeared first on CoinGape.

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