The CFTC Is Going to Check Binance’s Compliance With the Commodities Laws
The Commodity Futures Trading Commission suspects Binance of insider trading and manipulating the market. Bloomberg says the Commission is going to examine Binance to figure it out.
The Commission suspects that Binance has been fulfilling their own deals before their clients’ orders. No accusations were made but the exchange will be under review. The investigation will reveal the truth.
However, Binance claims that they are not guilty. The press center of the exchange informed about insider trading being inappropriate and shared their strict corporate rules that prevent such cases in the company.