US regulators charge Binance with violating securities laws
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AFP
AFP
New York (AFP) – US authorities on Monday charged cryptocurrency giant Binance with securities law violations that collectively amounted to what they called “an extensive web of deception” and “calculated evasion of the law.” Binance, the world’s largest cryptocurrency exchange, is alleged to have permitted US residents to trade, even though the platform is not registered in the United States as a securities exchange. The case also alleges Binance misused customer funds. The Securities and Exchange Commission filed a civil complaint listing 13 charges involving platforms and other investment …