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CFTC lawsuit spotlight’s how Binance sought to curry favour with big-ticket customers

In the Wild West of crypto, traders say exchanges are more ad hoc about the incentives they offer market makers, potentially giving some firms an edge

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A regulator’s lawsuit against crypto exchange Binance Holdings has shed light on the secretive role of high-frequency traders in crypto and how Binance sought to curry favour with such big-ticket customers.

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