Binance Faces Examination In Singapore Following The Collapse Of FTX

By Bitcoinist - hai 1 ano - Tempo de lectura: 2 minutos
mar, 22 de novembro de 2022 ás 4:27

Binance Faces Examination In Singapore Following The Collapse Of FTX

The collapse of FTX crypto exchange is brewing several reactions both within and outside the crypto industry, such as the recent probe on Binance. First, from the sudden meltdown of the firm, an insolvency contagion erupted among several exchange investors. Now, more bankrupt companies increased.

Algúns reguladores abriron investigacións sobre o colapso de FTX. As revelacións impactantes sobre as operacións da plataforma colapsada serven agora como motivo para máis controis regulamentarios. Ademais, algúns organismos de control estenderon a súa sonda a outros intercambios criptográficos que operan na súa rexión.

Singapore Police Force Investigates Binance

Nunha recente denunciar, the world’s largest crypto exchange Binance is facing a new probe in Singapore. The financial crime investigation unit of the Singapore Police Force handles the investigation.

Before, some people expressed doubts regarding the treatment Binance received in Singapore. They believe the country offers preferential treatment to Binance compared to FTX.

The collapse of FTX started with a drama with Binance. The latter announced its decision to liquidate all its holdings of FTX Token (FTT). Following its announcement, FTT started plummeting and has never recovered since then.

Binance Probe Linked To A Breach Of Rules On Local Payment Services

Segundo o informe, a investigación está sobre un suposto incumprimento das normas sobre servizos de pago locais. A Autoridade Monetaria de Singapur revelou que a investigación aumentou cando o regulador financeiro do país trasladou o caso á unidade de criminalidade da Policía. A policía afirmou que reterrá todos os comentarios pendentes ata que conclúa a investigación.

This probe from the Singapore police is compounding the struggles for Binance as the exchange is also under investigation in the US. The latter is trying to ascertain if Binance broke some securities rules in the country.

Last year, the exchange’s Singapore affiliate withdrew its application to operate as a crypto exchange. This was some months after Binance made it a part of the alert list of the MAS.

While commenting through an email, a Binance spokesperson confirmed strict compliance of the exchange to Singaporean laws. Also, the spokesperson noted that the exchange would not comment on the probe due to its confidential roles.

Varias empresas investidoras do intercambio FTX colapsado declararon perdas masivas na plataforma. Aínda que moitos indican a cantidade de exposición e a posibilidade de cancelala, algúns son tranquilos.

Algunhas empresas afectadas polo contaxio FTX inclúen Galaxy Digital, Genesis, Sequoia Capital, BlockFi e Galois Capital. Ademais, os expertos en Crypto cren que o tren se fará máis longo.

Orixe orixinal: Bitcoiné