Binance, a renowned cryptocurrency exchange, once at the forefront of the digital asset market, is now battling with legal investigations, with CZ at the center of the storm. Authorities contend that the exchange failed to comply with crucial regulatory standards, raising concerns about the security and legitimacy of its transactions. What direction are we heading to and where are we safe to carry out crypto-related activities?
I think this topic is best suited for the exchange section of the forum.
Besides, there have been several posts about this topic and I don't know if there is anything new about it. The last discussion covers Binance incurring fine in the tune of billions while CZ is also fined as an individual. If there is anything new and different from this, adding link to the source of the information will help a lot.