United States Securities and Exchange Commission (SEC) has put Binance, one of the largest crypto exchanges in the world, under investigation over BNB. Released in 2017 BNBIt is used to pay the trading fees of the Binance exchange.
Investigating whether Binance violated the rules
Binance’s investigation 5 years ago By selling BNB It is stated that it was opened to investigate whether it violated the securities rules. The company also filed another separate report, launched in February, regarding alleged links between its founder and the two trading firms. With the SEC investigation also faced.
New crisis in crypto: USA bans Bitcoin mining!
The New York Senate has approved a bill to ban cryptocurrency mining. According to the law, mines using fossil fuels will be closed.
The US Department of Justice (DOJ), the US Internal Revenue Service (IRS), and the US Commodity Futures Trading Commission (CFTC) also gave the company last year. trading and market manipulation launched an investigation into a number of potential criminal violations, including BNB is already in a difficult position to review. cryptocurrency market It could be another blow.
Binance is on the subject. in his statement He stated that it would not be right for them to comment while the discussions with the experts were continuing. However, the company is determined by the institutions that they will continue to comply with all conditions transferred.
Binance in 2017 100 million BNBs It made $15 million in sales. that period for $0.15 currently sold tokens 280 dollars finds buyers around. After the news, the stock market token is about lost 8 percent case.
SECThe fact that ‘s has opened an investigation against a company does not mean that it will file a lawsuit against that company. This process may not result in a lawsuit, and the investigation it can take months is stated. If the SEC was previously Ripplefor allegedly violating the securities law. Two years ago sued. The lawsuit is still ongoing.
So what do you think of the SEC’s investigation into BNB? You can share your views with us in the comments section.