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SEC-scrutinized BNB

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According to the news in Bloomberg HT, US regulators are investigating whether Binance violated securities rules by selling BNB, which is now the fifth largest token in the world, when it launched five years ago.

According to the information obtained, investigators are examining whether the first coin offering in 2017 coincided with the sale of a security that should have been registered with the organization.

Market experts consider the review of BNB to be a disturbing development for Binance, which is facing multiple investigations in Washington.

In a statement on the matter, Binance stated that it would not be appropriate for them to comment on the ongoing discussions with the regulators, but that they will continue to meet all the requirements set by the regulators.

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