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Coinpedia 2023-07-25 08:33:34

Binance.US Faces SEC Accusations of Artificially Boosting Crypto Trading Volumes

Binance.US Faces SEC Accusations of Artificially Boosting Crypto Trading Volumes

The post Binance.US Faces SEC Accusations of Artificially Boosting Crypto Trading Volumes appeared first on Coinpedia Fintech News The U.S. Securities and Exchange Commission (SEC) has accused Binance.US, the American arm of the global crypto exchange Binance, of inflating trading volumes by engaging in the illegal practice of wash trading. What is Wash Trading? In finance, wash trading involves trading an asset with oneself or an affiliate. The economic substance of these trades …

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