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Binance On Fire As US SEC Files A Sweeping Case Against Them

Joe

Active member
BREAKING: Binance is now on fire as The U.S. Securities and Exchange Commission (@SECgov) files a sweeping case against Binance

The news read that #SECgov is accusing Binance the world's largest cryptocurrency exchange of mishandling customer funds, providing poor customers services and least for lying to regulators, and deceiving investors about its operations, which if the case proceeds may affect Binance #Cryptocurrency negatively

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While this story is developing, this thread is subject to more updates, please stay tuned. The SEC also alleges that Binance mixed billions of dollars in customer funds and secretly transferred them to Merit Peak Limited, a company controlled by Binance's founder, Changpeng Zhao.

Since the announcement, the #SECvsBinance hag tag is already trending across social media in some parts of the world. From Joe reporting from World Socio. Sign Up here for more incentives.
 
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