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How Binance Melted Down in Less Than a Year - WSJ What Went WrongThe People's Bank of China argues that its ban on cryptocurrencies is to curtail financial crime and prevent economic instability. Nineteen months after China banned crypto, more signs have emerged that its citizens continue to buy and sell digital assets. The disappearance of funds from a cryptocurrency exchange can happen for various reasons, including hacking, insider theft, or mismanagement.
