Bad day for Binance with SEC investigation and Reuters exposé

Cointelegraph

Published Jun 06, 2022 07:43PM ET

Updated Jun 06, 2022 09:20PM ET

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.

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