Binance.US Faces SEC Probe Over Trading Affiliates: Report

“Market-making activities are standard in both traditional finance and crypto, such as Citadel Securities or those on FTX performed by Alamada Research, a business owned by FTX’s founder Sam Bankman-Fried. They ensure liquidity and directly support a healthy, vibrant, and efficient marketplace to the benefit of end-users,” a Binance spokesperson told CoinDesk in response to the report.

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