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SEC Sues Binance & CEO For Alleged U.S. Securities Violations

SEC Charges Against Binance Is The Start Of "Crypto Crackdown Round 2"

The Securities and Exchange Commission is continuing its target against the world of crypto, suing the world’s largest crypto exchange Binance and its billionaire founder, Changpeng Zhao on Monday by alleging the company commingled billions of user funds and diverted those assets to an entity “owned and controlled” by Zhao.

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