Post
Topic
Board Exchanges
Re: SEC sues Binance and CZ
by
UmerIdrees
on 05/06/2023, 16:27:02 UTC
New day, new problems for Binance and CZ in the US. After getting sued by CFTC earlier this year, this time SEC sued them them for breaking US securities rules.

Looks to me like its just the matter of time when Binance leaves US market completely, whether they want it or not.  

https://tokenist.com/sec-sues-binance-and-changpeng-zhao-alleging-securities-laws-violation/

Binance and CZ has been a target for quite some time but binance always come up strong. Not this time US SEC sues Binance, founder Zhao alleging securities law violations, theyhave sued CZ, what will be the consequences of this if this news holds up ?
Is Binane US will only be in trouble or the binance globally will be affected because remember this time the target is CZ himself and not the exchange Binance US  Huh