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Binance Under Fire After $676 Million From Shelbit Network

Binance Under Fire After $676 Million From Shelbit Network

Reuters reports that since May 2024, hundreds of millions have moved through Shelbit to Binance, even after Dubai had already taken action against the unlicensed exchange. The case also ties back to Binance’s earlier settlement over sanctions and anti-money laundering rules.

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Security in crypto includes topics such as hacks, phishing, scams, vulnerabilities, and protecting wallets, accounts, and crypto assets.