Binance under scrutiny, increased enforcement amid growing scams, Pepe’s drama | Weekly Recap
This week, Binance takes the spotlight amid allegations of market manipulation and sanction violations. Meanwhile, regulators ramp up enforcement actions against a backdrop of crypto-related crimes — the latest involving Pepe Coin. Binance’s SEPA concerns Binance emerged as a focal point of attention this week, owing to a sequence of circumstances. The official Twitter support of the exchange alluded to a momentary cessation in EUR transfers, indicating the temporary suspension of SEPA transfers, without specifying a definite timeline for reinstatement. Despite the lack of explicit reasons, Binance’s efforts to keep users informed maintain an air of anticipation about whether external factors might be at play. Following reports of the concerns related to SEPA transfers, the company promptly addressed the situation through an official statement provided to crypto.news. According to a Binance representative, the SEPA deposit and withdrawal services will be availa...