50% Jump in Crypto Prices After Binance Listing, WSB Refunds

• Binance listing pushed up Floki and Pepe more than 50%.
• WSB rally over 200% after suspect offer refund option.
• Israel seized nearly 200 Binance accounts due to terrorism links.

Binance Listing

Binance listing pushed up the prices of Floki and Pepe by more than 50%. It caused a surge in WSB rallies with over 200% when suspects offered a refund option.

Account Seizure

Israel seized nearly 200 Binance accounts due to terrorism links over two years. The seizure was carried out by the country’s security forces as part of their efforts to combat terrorism financing.

Return of Funds

Voyager is planning on returning customer funds in the coming weeks. Coinbase also reported a 22% revenue growth, with a net loss of $79 million for Q1; it notes lower volatility in Q2.

FCA Action

The U.K.’s Financial Conduct Authority (FCA) is taking action against illegal crypto ATM operators, stating that they pose a money laundering threat. The authority worked with regional police forces to inspect Exeter, Sheffield, and Nottingham sites and found no crypto ATM operator registered with it – making their operations illegal in the country.

Risk Disclaimer

Economic Crime Unit Manager at the South West Regional Organi warned investors that Crypto products are high risk and not currently regulated so they should only invest what they can afford to lose.