Cathie Wood on Binance, Coinbase Legal Woes

Cathie Wood, chief executive officer and chief investment officer at Ark Investment Management LLC, said Binance Holdings Ltd.’s US legal problems will benefit Coinbase Global Inc. because it would eliminate its main competition. She speaks exclusively on Bloomberg Television.
(Corrects to make clear that Binance has not been accused of fraud or any criminal activity in any of the current US regulatory actions)

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