SEC Accuses Binance.US of Inflating Trading Volumes

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In its newest scare tactic, the SEC alleged Binance.US inflated its trading volumes through a practice known as “wash trading.” The US Securities and Exchange Commission (SEC) has repeatedly increased the regulatory pressure against Binance.US. Binance has become the subject of the US’s efforts to eliminate crypto exchanges it deems to have acted improperly. SEC: Binance.US Engaged in “Wash Trading” US regulatory action this time comes as the SEC accused Binance’s US arm, Binance.US, of inflating its trading volumes – a practice known as “wash trading.” The Wall Street Journal (WSJ) first reported the news and said some of the
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Author: NixCoin

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