SEC Says Binance, CEO Wove 'Extensive Web Of Deception'

By Jessica Corso (June 5, 2023, 11:57 AM EDT) -- The U.S. Securities and Exchange Commission sued Binance Holdings Ltd., the world's largest crypto platform, and its founder, Changpeng Zhao, on Monday in D.C. federal court, saying they wove an "extensive web of deception" by lying to regulators and customers alike....

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