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The U.S. Department of Justice (DOJ) ponders fraud charges against Binance, the world's biggest cryptocurrency exchange

The US Department of Justice (DOJ) is considering fraud charges against Binance, the world's largest cryptocurrency exchange. There are concerns about potential consumer fallout and market instability if an indictment is made, similar to what happened with platform FTX. The DOJ is exploring alternatives such as fines or non-prosecution agreements. This situation highlights the complex nature of crypto enforcement and regulation in the US, which currently exists in a legal gray area. Binance and its founder have already faced charges from the SEC and CFTC for operating an unregistered exchange and manipulating trades.

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