Some Binance.US Crypto Trading Was a Mirage, the SEC Alleges

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Some Binance.US Crypto Trading Was a Mirage, the SEC Alleges
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The U.S. outlawed wash trading in stocks and bonds a century ago. Now the practice is raising concerns as regulators look at crypto exchanges

Crypto platform Binance says it doesn’t engage in or tolerate wash trading, which involves someone trading an asset with themselves or an affiliate.launched its U.S. exchange in 2019, almost $70,000 of bitcoin changed hands in the first hour.

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