SEC Sues Binance and CZ Over 'Blatant Disregard' of Its Rules

Binance Holdings Ltd., and its US affiliates, are being charged by the US Securities and Exchange Commission for multiple offenses, months after being charged separately by another US regulator.
The SEC’s case stems from the defendants’ “blatant disregard of the federal securities laws,” the regulator said.
“In so doing, Defendants have enriched themselves by billions of U.S. dollars while placing investors’ assets at significant risk,” the SEC said in its complaint....
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