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SEC Files 13 Charges Against Binance Entities And Founder Changpeng Zhao - Charges Include Operating Unregistered Exchanges, Broker-Dealers, And Clearing Agencies; Misrepresenting Trading Controls And Oversight On The Binance.US Platform; And The Unregistered Offer And Sale Of Securities. - Vimarsana News

SEC Files 13 Charges Against Binance Entities And Founder Changpeng Zhao - Charges Include Operating Unregistered Exchanges, Broker-Dealers, And Clearing Agencies; Misrepresenting Trading Controls And Oversight On The Binance.US Platform; And The Unregistered Offer And Sale Of Securities.

<p><span>The Securities and Exchange Commission today charged Binance Holdings Ltd. (&ldquo;Binance&rdquo;), which operates the largest crypto asset trading platform in the world, Binance.com; U.S.-based affiliate, BAM Trading Services Inc. (&ldquo;BAM Trading&rdquo;), which, together with Binance, operates the crypto asset trading platform, Binance.US; and their founder, Changpeng Zhao, with a variety of securities law violations.</span></p>