- DOJ concerns over Binance charges spark crypto community’s attention.
- Crypto analysts react to DOJ’s caution in filing charges against Binance.
- Binance faces potential fraud charges amid DOJ’s fear of exchange run.
Crypto analyst Autism Capital expresses surprise at the Department of Justice’s (DOJ) concern over the potential fallout from filing charges against Binance. The DOJ seems to be worried that such an action could trigger a run on the exchange, negatively impacting many people in their pursuit of justice.
The DOJ being concerned that by recklessly filing charges against Binance they're going to cause a run on the exchange and likely screw everyone in the process of "bringing justice" is a…pleasant surprise? pic.twitter.com/FKtv0xLPvd— Autism Capital (@AutismCapital) August 2, 2023
On the other hand, DonAlt, another crypto analyst and technical analysis expert, shared a more critical perspective. He tweeted, “A crypto company too big to fail.” He also quoted a tweet by another Twitter user regarding the recent Binance drama.
The United States Department of Justice (DOJ) is reportedly contemplating the possibility of charging cryptocurrency …
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