Binance Australia Derivatives despatched an abrupt message to a pick out crew of users on Feb. 23, announcing it may per chance most likely be straight closing their accounts attributable to a faux classification of some users as “wholesale purchasers.”
This incident triggered a flurry of responses from users on social media, and the next day, the Australian Securities and Investments Commission (ASIC) presented it may per chance most likely be conducting a “centered evaluate” of Binance’s local derivatives operations.
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