Binance's BNB token suffered significant losses, dropping by 9.7% against the dollar in response to the SEC's allegations.
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Binance’s Token BNB Plummets 8% In Biggest Drop This Year After SEC Sues Crypto GiantBinance and its founder Changpeng Zhao were sued by the SEC on Monday for allegedly misusing customer funds and diverting some to a trading entity owned by Zhao.
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Breaking: SEC Unleashes Legal Fury on Binance and CZ, BNB PlungesThe U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Binance, the world's largest crypto exchange, and its CEO, Changpeng Zhao
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BNB, CAKE Plummet Following SEC Crackdown on BinanceThe prices of BNB AND CAKE - two significant tokens in the Binance ecosystem - have plummeted in the four hours after the SECGov filed suit against the centralized exchange. reporting
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Binance Faces Legal Action by SEC for Violating US Securities Laws – Bitcoin NewsBinance faces another lawsuit as the U.S. Securities and Exchange Commission (SEC) files a case in the District of Columbia.
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Bitcoin drops after SEC files 13 charges against Binance, founder Changpeng ZhaoMajor cryptocurrencies sank on Monday, after the Securities and Exchange Commission charged the world's largest crypto exchange, Binance Holdings Inc., and...
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Bitcoin Plummets After SEC Sues Binance for Securities ViolationsThe agency alleged that Binance’s native tokens, including BUSD and BNB, are unregistered securities.
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