
Bloomberg Businessweek
Former CFTC Chair on $6B Binance Heist
9 min•2 november 2026
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Former CFTC Chair J. Christopher Giancarlo says the $6 billion Binance hack highlights ongoing US cybersecurity vulnerability. He also weighs in on prediction markets, saying new rules are needed for regulations at the federal level. He also says he thinks there's a "social benefit in prediction markets," with users looking to platforms for predictability.
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