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Complexities of Crypto Extradition and Regulation
This chapter delves into international law complexities regarding the extradition of crypto-related fugitives, alongside the legal challenges faced by U.S. authorities in enforcing regulatory actions. It focuses on the implications of the CFTC's lawsuit against Binance, examining the classification of cryptocurrencies as commodities versus securities and its significance for regulatory jurisdiction. Furthermore, the chapter explores the potential outcomes for Binance and other exchanges, emphasizing how this legal landscape could reshape the cryptocurrency market.