Coinbase (COIN) CEO Armstrong Says Binance Settlement Will Turn the Page on Crypto’s ‘Bad Actors’

He also said that the criminal enforcement actions against Binance and the once-popular but now bankrupt crypto exchange FTX show that taking your business offshore doesn’t work. While Binance is a Hong Kong-based company, mostly focused on business in the Asia Pacific region, FTX was headquartered in the Bahamas.