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News Forum - US SEC sues Binance for deception, crypto market takes a hit

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Cryptocurrencies and shares in blockchain-related firms experienced a sharp decline following the US Securities and Exchange Commission’s (SEC) lawsuit against Binance, the world’s largest crypto exchange. The SEC accused Binance and its CEO Changpeng Zhao of secretly controlling Binance.US, inflating trading volumes, diverting customer funds, and failing to restrict US customers from its platform. This … …

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