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BBCNEWS World Business Report June 4, 2024 04:30:30

The latest business news with informed analysis from the world s financial centres. ....

Crypto Chaos , Web Of Deception ,

BBCNEWS World Business Report June 4, 2024 13:31:00

Asset trading platform in the united states coinbase. this comes after they announced they would be suing they announced they would be suing the largest crypto exchange biance, accusing it of engaging in a web of deception by operating an illegal digital asset exchange and sending billions of dollars of customer deposits to a separate trading firm owned by its chief executive. biance said the accusations were misguided and they would defend themselves vigorously. we can speak to our reporter in new york. it feels like you said this, we did this, and they will defend themselves, but it shows how difficult it is to regulate something when technology is moving at such a pace. it is something when technology is moving at such a pace- at such a pace. it is important to take a step at such a pace. it is important to take a step back at such a pace. it is important to take a step back and at such a pace. it is important to take a step back and to - at such a pace. it is important to ....

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BBCNEWS Asia Business Report June 4, 2024 23:33:00

For allegedly operating a web of deception. the re election campaign of us presidentjoe biden has said a decision by youtube to stop policing false claims about fraud in prior elections is reckless and could lead to potential violence. a spokesperson for the campaign said the move by the alphabet owned video platform will invite further democratic decay. on friday, youtube said it would stop removing content that might have spread false claims related to previous races. from a reuters poll, economists are forecasting a slight expansion. if that s true, it ll be one of its slowest growth in almost two years. just yesterday, the central bank raised the cost of borrowing by another 25 basis points which is the 12th straight rate hike. governor philip lowe said inflation has peaked, but at 7%, the level ....

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BBCNEWS World Business Report June 4, 2024 13:33:00

Accusations are similar against binance, operating without redrow registering as an exchange or stop they also said they were artificially inflating trading volumes and failing to restrict customers from using their global platform and misleading investors about its market surveillance. goad about its market surveillance. good stuff. about its market surveillance. good stuff- thanks about its market surveillance. good stuff. thanks for about its market surveillance. good stuff. thanks for explaining that. we can talk more about this with the professor of finance at the university of sussex. thanks for joining us. if you look at the details, the sec accusing binance of engaging in a web of deception, is that how you see it? it is engaging in a web of deception, is that how you see it? that how you see it? it is difficult to uncover that how you see it? it is difficult to uncover everything that how you see it? it is difficult to uncover everything they - that how you see it? ....

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Changpeng Zhao: Who is Binance Billionaire Sued by US Regulator?

The U.S. SEC accuses Binance founder Changpeng Zhao of operating a web of deception and violating regulations. ....

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