Crypto Prices Plummet as SEC Sues Binance, Shaking the Market
The crypto market suffered a significant blow as the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Binance, the world’s largest crypto trading platform, and its founder. The SEC’s allegations of deceptive practices and mishandling of funds caused prices of cryptocurrencies and shares in crypto and blockchain companies to plummet.
Bitcoin and Ether, the two largest cryptocurrencies, experienced drops of...