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March 27, 2023
Binance and its founder, Changpeng Zhao, are facing allegations of violating trading and derivatives regulations.
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The man detained in Montenegro is allegedly Kwon Do-hyeong, also known as Do Kwon, the disgraced founder of a cryptocurrency firm that went bankrupt. He is wanted in both South Korea and the United States on charges of fraud and other offences, according to Interpol.
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