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The SEC has accused Binance of running an illegal exchange. "We allege that Zhao and Binance entities engaged in an extensive web of deception, conflicts of interest, lack of disclosure, and calculated evasion of the law".

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The SEC has accused Binance of running an illegal exchange. "We allege that Zhao and Binance entities engaged in an extensive web of deception, conflicts of interest, lack of disclosure, and calculated evasion of the law". submitted by /u/reddit4485
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