🔔News Flash! Binance, the crypto exchange giant, has been slapped with a hefty fine of 188.2 million rupees ($2.25 million) by India's Financial Intelligence Unit (FIU-IND) 😱. Why? For not playing by the rules of the Anti-Money Laundering game in India.

Binance, a Virtual Digital Asset Service Provider, was found guilty of not maintaining and reporting transaction records, and not providing the required information to authorities. Oops! 🙊

This isn't Binance's first rodeo with regulatory fines, as it faced similar charges in Canada and Nigeria.

What do you think about this? Is it a case of "rules are meant to be broken" or should crypto exchanges toe the line? Share your thoughts below! 👇