URGENT: Cardano (ADA) Named as Security in SEC Binance Lawsuit!
In a stunning development, the Securities and Exchange Commission (S.E.C.) has included Cardano (ADA), a prominent cryptocurrency, as a security in its urgent lawsuit against Binance, the world's largest cryptocurrency exchange. The S.E.C.'s accusations against Binance, involving mishandling customer funds and deceiving regulators, have now extended to Cardano.
The S.E.C. alleges that Binance not only mixed billions of dollars in customer funds but also secretly routed them to a separate company controlled by Binance's founder, Changpeng Zhao. Furthermore, this legal battle has taken an unexpected turn with the inclusion of Cardano as a security, adding complexity to an already high-stakes case.
This video delivers the latest update on the explosive SEC lawsuit against Binance and explores the implications of Cardano being implicated as a security. Stay tuned as we delve into the far-reaching consequences this legal battle may have on both Binance and the broader cryptocurrency industry.
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https://www.theblock.co/post/233174/solana-matic-cardano-others-securities-sec-binance-lawsuit
https://www.docdroid.net/I02zzqT/sec-v-binance-4-pdf#page=85
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