For those who know the issue: Binance has been investigated by the CFTC for allowing Americans to place illegal bets.

According to investors familiar with the matter, the Commodity Futures Market (CFTC) is conducting a separate investigation into Binance, the largest cryptocurrency exchange in the United States. The CFTC has announced that it will decide whether Binance will allow U.S. residents to buy and sell regulated products. Binance was not charged with criminal mischief and said the investigation could not stop the police. Signs from this review suggest a regulatory control solution to prevent the crypto industry from becoming an important market for U.S. investors.