Monday, June 5, 2023

SEC Accuses Binance of Mishandling Funds and Lying to Regulators

 SEC Accuses Binance of Mishandling Funds and Lying to Regulators - The New York Times (nytimes.com)

The S.E.C. said the world’s largest cryptocurrency exchange mixed billions of dollars in customer funds and secretly sent them to a separate company controlled by Binance’s founder, Changpeng Zhao.

Credit...Ore Huiying for The New York Times