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The crypto surged in January of Banxaa payment-and-compliance asset sector.
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The crypto surged in January of Banxaa payment-and-compliance asset sector.
Despite the challenging market conditions, Coinbase CFO Alesia Haas believes the improved cost-structure will help the firm hit its goal to improve core profit. The CFTC in March sued Binance, the world's biggest crypto exchange, and Zhao for operating what the regulator alleged was an "illegal" exchange and a "sham" compliance program. Only two developed nations were featured in the top 10 - Singapore at fourth and the United States at the sixth spot. In June, the SEC sued the firm, saying it was illegally operating as a national securities exchange, broker and clearing agency without registering with the regulator. The decision could complicate Bankman-Fried's efforts to prepare for trial, where the year-old former billionaire faces charges of having stolen billions of dollars in FTX customer funds to plug losses at his Alameda Research hedge fund.
