Hedge Funds Back Away From Binance on Regulatory Risks, FT Says

  • Fund cuts activity amid ‘orchestrated regulatory attack’: FT
  • Binance says has not seen a slowdown in institutional activity
Photographer: Andrey Rudakov/Bloomberg
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Several hedge funds have curbed their trading on Binance as a regulatory crackdown on the world’s biggest crypto exchange intensifies, the Financial Times reportedBloomberg Terminal.