THE HASH: Binance Reportedly Mulls Cutting US Ties; Revelations in SEC's Charges Against Do Kwon and Terraform Labs
The most valuable crypto stories for Friday, Feb. 17, 2023.
Binance Holdings, the world’s largest crypto exchange by volume, is considering severing its ties with U.S. business partners amid heightened scrutiny from regulators, according to Bloomberg. Separately, the U.S. Securities and Exchange Commission (SEC) released a 55-page document detailing various charges of fraud against Do Kwon and Terraform Labs, alleging Kwon and others “engaged in a scheme to deceive and mislead investors … in the U.S. and abroad.” The Hash hosts share their insights on these top stories of the day.
See also:
Binance Considers Severing US Ties in Face of Crypto Crackdown: Bloomberg
Trader Front-Runs Gains Network's Listing on Crypto Exchange Binance to Profit $100K
4 Huge Revelations in the SEC’s Charges Against Do Kwon and Terraform Labs
SEC Sues Terraform Labs, Do Kwon for Misleading Investors on TerraUSD Stablecoin
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This episode has been edited by Ryan Huntington. The senior producer is Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”
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