Explore the controversy surrounding Binance.com and Binance.US, where crypto assets, including BNB and BUSD, have been traded as securities.
Binance.com and Binance.US have come under scrutiny for offering and trading crypto assets, including BNB and BUSD, that are considered securities by the SEC.
These crypto asset securities are bought, sold, and traded on the platforms without restrictions on quantity or resale. The SEC alleges that Binance platforms have allowed the trading of assets that have previously faced enforcement actions. This article provides an overview of the SEC's claims and the controversy surrounding cryptocurrency securities trading on Binance platforms.
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