Binance and CEO Zhao to Dismiss CFTC Complaint Allegations

1 min read
Source: The Wall Street Journal
Binance and CEO Zhao to Dismiss CFTC Complaint Allegations
Photo: The Wall Street Journal
TL;DR Summary

The U.S. Securities and Exchange Commission (SEC) has alleged that some of the crypto trading activity on Binance.US, a popular cryptocurrency exchange, was a mirage. The SEC claims that Binance.US misled investors by creating the false impression of substantial trading volume and liquidity on its platform. The allegations raise concerns about the transparency and integrity of the cryptocurrency market.

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