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06/08/2022

๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‘จ๐Ÿปโ€โš–๏ธUS regulators are investigating whether Binance Holdings Ltd. broke securities rules by selling digital tokens just as the crypto exchange was getting off the ground 5 years ago, according to people familiar with the matter.

๐Ÿ”The Securities and Exchange Commission's review pries into the firm's origins and those of its BNB token, which is now the world's fifth-biggest. Investigators are examining if the 2017 initial coin offering amounted to the sale of a security that should have been registered with the agency, said the people who were granted anonymity to discuss the confidential probe.

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