SEC Targeting All US-Based Crypto Exchanges in Widespread Securities Investigation: Report

The US Securities and Exchange Commission (SEC) is reportedly investigating all US-based crypto exchange platforms, including Binance.

According to new Forbes reportThe staff of U.S. Senator Cynthia Ramis said regulators are investigating all 40 U.S.-based crypto exchanges, including Binance, the world’s largest crypto exchange platform, for possible violations of the law. is clarified.

The staff says the platform is in various stages of investigation and the SEC is diligently trying to resolve its dispute with the Commodity Futures Trading Commission (CTFC) over the body that has ultimate jurisdiction over crypto assets. .

The report also states that, based on what a cryptocurrency exchange executive heard from members of the SEC, many exchange platforms are likely to have received formal notice of legal action. He also clarified that he said

Binance.US recently announced the delisting of AMP, an Ethereum (ETH)-based crypto asset intended to secure payments on the Flexa network.

Binance is delete Be careful with AMP.

Last week, the Securities and Exchange Commission (SEC) filed securities fraud charges against former Coinbase employees, among others. Of these 9 tokens, only Amp (AMP) is listed on the Binance.US platform.

Out of an abundance of caution, we have decided to delist AMP tokens from Binance.US effective August 15, 2022. Trading of AMP on the Binance.US platform may resume at some point in the future, but we are taking this step. Until the taxonomy of AMP becomes clearer.

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