Happy Friday eve, Opening Bell crew. Senior reporter Phil Rosen here.
As if the universe knew that I hadn't written a crypto newsletter in some time, here we go: Binance, the world's largest crypto exchange, has been under some scrutiny this week.
And the reasoning reminds me of what happened in the lead-up to the collapse of Sam Bankman-Fried's FTX, an event many consider the Lehman Brothers of crypto.
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