Crypto markets nosedived Monday following the SEC suit accusing Binance, the worldโs largest crypto exchange by trading volume, and its chief executive, Changpeng โCZโ Zhao, of offering unregistered securities, commingling user deposits and inflating trading volumes.
Crypto Traders Suffer $320M Losses in Liquidations as BTC, ETH, BNB Prices Drop Amid Binance SEC Lawsuit