S.E.C. Accuses Binance of Mishandling Funds and Lying to Regulators

S.E.C. Accuses Binance of Mishandling Funds and Lying to Regulators

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.
Markets Rise as Debt Ceiling Deal Moves to the Senate

Markets Rise as Debt Ceiling Deal Moves to the Senate

Global markets edged higher as the prospect of the United States defaulting on its debt grows more remote.