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 New York Times - Business:

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.

This post first appeared in The New York Times - Business. Read the original article.