The US Securities And Exchange Commission Sues Binance For Improper Use Of Funds, Causing Cryptocurrency Prices To Fluctuate

In a lawsuit filed in federal court in Washington (USA) on June 5, the SEC alleges that tokens traded on Binance.com and Binance.US, including Solana, Cardano, Polygon, Filecoin, Cosmos, Sandbox, Decentraland , Algorand, Axie Infinity and COTI are offered as securities. They also claim that the world’s largest cryptocurrency exchange violates investor protection regulations. Binance…

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Binance CEO Mocks Tesla’s Bitcoin Stance, Implicitly Referring To Elon Musk’s ‘Hypocrisy’

Changpeng Zhao, CEO of cryptocurrency exchange platform Binance, took to Twitter to take a personal stance regarding recent criticisms of digital currency’s energy use. And one of them seems to refer to Tesla CEO Elon Musk. “When you use electricity to run cars, it’s environmentally friendly. When you use electricity to run the most efficient…

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