US sues Binance and founder Zhao over 'web of deception'

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Exchange calls action "limited in reach".

US sues Binance and founder Zhao over 'web of deception'
US regulators sued Binance and its CEO Changpeng Zhao for allegedly operating a "web of deception," piling further pressure on the world's biggest cryptocurrency exchange and sending bitcoin to its lowest in almost three months. The Securities and Exchange Commission (SEC) ...

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