How Binance Melted Down in Less Than a Year | WSJ What Went Wrong

Binance skirted regulation to become the world’s largest cryptocurrency exchange by trading volume. Now, the company has pleaded guilty in the U.S. and agreed to pay $4.3 billion in fines. Here’s how the same strategy behind the company’s rise brought it crashing down.

0:00 Binance and CZ pleading guilty
1:11 Rise to the top
2:23 Turning point
4:30 CZ steps down

What Went Wrong explores the challenging conditions and decisions that led to a company’s downturn.

#Binance #Crypto #WSJ

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