Binance is allegedly being investigated in the United States for insider trading

The United States Commodity Futures Trading Commission (CFTC) is investigating Binance, the world’s largest cryptocurrency exchange, for possible insider trading and market manipulation.

Binance is on the CFTC’s radar.

The CFTC, which regulates the US derivatives markets, is looking into the possibility that Binance or its employees exploited customers by taking advantage of its trading activities.

“As part of the investigation, US officials are looking into whether Binance or its employees profited by exploiting its customers… Investigators from the Commodity Futures Trading Commission have been reaching out to potential witnesses in recent weeks as part of the investigation.”