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RE: Binance, Binance - read all about it...............

in LeoFinance7 months ago

He took one for the team. He's been an influential icon in the crypto space. All the allegations against him are mistakes some startups make in the beginning cos they are amateur at one point or other but as binance grew they rectified those loopholes and implemented necessary changes but the law will always be the law. Whether you are ignorant or aware, they will always be consequences.

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You are correct but a startup gets started and can change their ways when they learn about regulatory requirements of each rjurisdiction. Some of the allegations are newbie mistakes but the rest for instance allowing trade with sanctioned countries are not newbie errors.

It's crypto. Crypto doesn't discriminate. It doesn't care whether you are sanctioned or not. You get what I mean right?

Yes of course - crypto is supposed to be decentralised and doesn't carebut regulators do.