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coinpedia 2024-03-07 13:12:32

SEC’s lawsuit against Binance takes a toll on its business, revenues and trust!

The post SEC’s lawsuit against Binance takes a toll on its business, revenues and trust! appeared first on Coinpedia Fintech News Binance US had to reportedly cut more than 200 jobs last year after it had a ‘near-mortal blow’ when a Securities and Exchange Commission (SEC) lawsuit accused it of offering unregistered securities. Due to the lawsuit, the company has seen a 75% dip in its revenue. The exchange which previously had 20 market makers, now …

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