​US launches investigation into Binance. The SEC will study | Best Crypto Traders Official

​US launches investigation into Binance.

The SEC will study how the crypto exchange discloses to customers the affiliation of these companies with Zhao. The sources also reported concerns from the Binance.US legal and compliance team regarding the origin of funds from Sigma Chain AG and Merit Peak Ltd.
The Binance website states that companies associated with the crypto exchange can transact on the trading platform, but the name of these companies is not indicated. The representative of Binance.US noted that the exchange should not disclose information about investors and corporate culture, but can transfer this data at the request of regulators.
In 2021, Binance faced pressure from financial regulators more than once. In August, the crypto exchange restricted access to a number of products for residents of South Korea and Malaysia.
In July, she warned that she would stop trading in cryptocurrency derivatives in Europe. Also, the crypto exchange has become a defendant in investigations in Thailand, Singapore and the Cayman Islands.