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Binance Confiscates Market Maker’s Funds After Discovering Misconduct and ‘Market Irregularities’

Binance Confiscates Market Maker’s Funds After Discovering Misconduct and ‘Market Irregularities’

Binance has banned a market maker and confiscated its proceeds after conducting an investigation that indicated the entity committed misconduct. The top global crypto exchange didn’t disclose the identity of the market maker but noted that it operated as a liquidity provider for the decentralized security layer GoPlus Security (GPS) and the AI consumer project […]

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