Binance's BNB Token is Being Investigated by US Regulators!

According to reports, the Securities and Exchange Commission is looking into whether Binance's initial coin offering of its BNB token in 2017 was an unregistered securities offering. Binance is the world's largest cryptocurrency exchange and claims to be independent of any one jurisdiction. The SEC is also looking into market making businesses that conduct business with Binance and are completely or substantially controlled by Binance CEO Changpeng Zhao.