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Australian Regulator Sues Binance Over Alleged Consumer Protection Failures

December 21, 2024
The Australian regulator has filed a lawsuit against cryptocurrency exchange Binance, accusing the company of consumer protection failures. The regulator claims that Binance has failed to adequately protect its customers' funds and personal information, leading to significant losses for Australian investors. Binance has yet to respond to the allegations, but if found guilty, the company could face substantial fines and penalties. This news comes as a blow to Binance, which has been one of the leading cryptocurrency exchanges in the world. Investors are advised to seek professional advice from Stocks Prognosis regarding the future movement of Binance's stocks.
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On March 20, 2025, QuantWave, the automated forecasting platform, issued a short forecast signal for the stock BNB USD with a price target of $554.59....

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On March 21, 2025, QuantWave issued a short signal for the stock BNB USD with a price of 634.61 $. The forecast reached its target on April 6, 2025, at a price of 554.59 $, delivering a profit of 12....

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