This decentralized structure ensures that no single entity h | Manzeel on Binance Square

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This decentralized structure ensures that no single entity has control over the entire Bitcoin network or its assets.$BTC 

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“Binance did nothing even though it knew of the theft and frequent cross-trading. Hackers manipulated accounts for over an hour, causing extremely abnormal transactions in multiple currency pairs without any risk control; Binance failed to freeze the funds of the obvious hacker’s single account in the platform on time.” #binance #HackerNews

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The AMF’s intervention was a response to legal issues involving the original beneficial owner’s engagements with U.S. regulatory bodies. The problems stemmed from the interactions between Binance’s former CEO, Changpeng Zhao, and major U.S. regulatory authorities including the Justice Department, the Commodity Futures Trading Commission (CFTC), and the Treasury’s Financial Crimes Enforcement Network.#StartInvestingInCrypto #BinanceLaunchpool

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