US SEC sues crypto giant Binance over securities law violations
Changpeng Zhao, founder and chief executive officer of Binance. File photo: Reuters/Benoit Tessier
Jonathan Stempel, Hannah Lang and Tom Wilson
The world's largest crypto exchange Binance and its CEO Changpeng Zhao operated a "web of deception" that included artificially inflating its trading volumes and diverting customer assets, the US Securities and Exchange Commission alleged on Monday.
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US SEC sues crypto giant Binance over securities law violations
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