The SEC wants to take another jab at the crypto industry, but Binance’s CEO offered his company’s side in terms of the money-laundering allegations.
Cryptocurrency exchange giant Binance is reportedly under investigation by the U.S. Securities and Exchange Commission (SEC), which is probing the sale of the crypto company’s native coin BNB.
“It would not be appropriate for us to comment on our ongoing conversations with regulators, which include education, assistance, and voluntary responses to information requests. We will continue to meet all requirements set by regulators”.
BUILD debunks FUD.
This is 50+ pages of email records between our cyber security team (ex-law enforcement background) and the cherry picking, misleading, and time wasting journalists.
If you have time to waste, see the details and truth for yourself.https://t.co/Y8bAvS5edk
— CZ 🔶 Binance (@cz_binance) June 6, 2022
Anthonia is a fintech writer who has been involved in the crypto space since 2017 covering developments across regulations, adoption, and several other aspects of the Industry. When not neck-deep in the crypto news cycle, Anthonia spends her free time globetrotting and playing video games.
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