Quote from: stadus on February 02, 2025, 12:11:26 PM

It looks like we'll see a similar setup as in the US. When it comes to issues like money laundering, exchanges tend to settle with penalties especially if there’s no intentional wrongdoing. What I'm noticing here is just a lack of proper implementation of policies in these jurisdictions. Probably, it's because Bitcoin wasn't that popular before, so the laws weren't enforced as strictly, but then, ignorance of the law is not an excuse, so Binance will have to face the consequences of their actions.

This is not the first time for binance and previously also experienced problems like what happened in the US. It is not wrong with some statements that indeed it was like a extortion that Segaja was carried out and I tend to see this in a small perspective because for a exchange of binance it is impossible for them to ignore the applicable legal rules, unless it is deliberately anchoring in previous mistakes to get money from them. Even if it will be said to be guilty, the legal process can be a reference as a strength in completion.

In fact, permits in each country are different and even tighten the licensing process so that people do not feel deceived by the stock exchange. But for problems in Binance it might no longer talk about fraud caused by the company itself because indeed they have become a big exchange so that doing something like that is impossible.