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Cryptocurrency22 minutes ago (Jun 06, 2022 09:20PM ET)
Bad day for Binance with SEC investigation and Reuters exposé
The United States Securities and Exchange Commission (SEC) is investigating whether Binance Holdings broke securities rules when it launched its BNB token in an initial coin offering (ICO) five years ago, Bloomberg reported on June 6.
Binance is the world’s largest crypto exchange, and BNB is the fifth largest cryptocurrency.
Bad day for Binance with SEC investigation and Reuters exposé