I belive binance don't fckn care about the project background itself since I can see some shit project that still listed there.
I saw the same thing.I saw a lot of ieo projects that were common and seemed to be repeating.However, no exchange should be trusted in crypto.
Yep so far, there is no regulated exchange in crypto space, But soon there will be, I don't want to drop name but there is some exchange working on acquiring a license which guarantees fair trading for all traders. No-wash trading from the bot and fake pump and dumps. I believe that this unregulated exchange will be extinct soon. Check out fun facts below;
Look at the trading volumes of Binance branches and you will see their problem (source: nomics daily view)
Binance Standard 650m
Binance Jersey: 0.13m (should be a bit regulated as they deal with fiat)
Binance dex: 0.6m
Binance US: 1.9m!!! In the biggest crypto market with 28 pairs trading...that would I call not really successful. And here faking volumes is much more difficult and risky than their altcoin shitshow.
