Binance Sued by SEC for Circumventing Regulations and Diverting Funds: Latest News and Analysis

by Ethan Caldwell June 6, 2023

written by Ethan Caldwell June 6, 2023

The largest cryptocurrency exchange in the world, Binance is sued by the SEC for circumventing regulations. The American Financial Markets Constable accuses Binance and its boss Changpeng Zhao of having notably operated on the territory of the United States as an unregistered exchange or of having diverted client assets to Sigma Chain, an entity belonging to Changpeng Zhao.

2023-06-05 21:22:23

#United #States #Cryptocurrencies #Binance #sued #SEC

Ethan Caldwell

Ethan Caldwell is the Senior Editor of World Today News, recognized for his keen editorial judgment and expertise in digital media. With over a decade of experience in news reporting, feature writing, and content strategy, Ethan excels at shaping compelling stories and delivering accurate, insightful coverage on pressing global events. He is dedicated to upholding the highest standards of journalistic excellence, ensuring every article meets rigorous criteria for accuracy, relevance, and reader engagement. Known for his collaborative approach and innovative mindset, Ethan plays a vital role in driving editorial quality and maintaining the integrity of World Today News’s newsroom.

Binance Sued by SEC for Circumventing Regulations and Diverting Funds: Latest News and Analysis

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