Breaking: U.S. Prosecutors Probe Binance Over Possible Iran Sanctions Violations
U.S. federal prosecutors are investigating whether Binance, the world’s largest crypto exchange, violated U.S. sanctions on Iran by knowingly allowing certain transactions to proceed, Bloomberg reported, citing people familiar with the matter.
The probe is being handled by the Manhattan U.S. Attorney’s Office and is focused on Binance’s compliance controls and whether it was aware of the transactions. Binance previously pleaded guilty in 2023 to anti-money-laundering, unlicensed money-transmission and sanctions violations, agreeing to pay about $4.3 billion.
What is the significance of price charts?
For some novices and You Tube braggarts, charts are magic
But charts are no big deal. Chart patterns are NOT NOT NOT predictive. Charts simply show what a market has been, where it is now and where the path of least resistance might be
Being a chart book macro economist is just about the stupidest thing imaginable
When I head someone say something like, "The copper chart is doing such and such which means that inflation is likely to do X and stocks are likely to do Y"
These statements make me laugh