Salem Radio Network News Monday, October 2, 2023

Business

US SEC sues Binance, founder Zhao alleging securities law violations

(Reuters) – The U.S. Securities and Exchange Commission on Monday filed a lawsuit against Binance and its founder Changpeng Zhao, alleging violations of federal securities laws, court records show.

A copy of the complaint was not immediately available. The SEC is suing in the federal court in Washington, D.C.

(Reporting by Jonathan Stempel in New York)

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