Bitcoin Forum
June 20, 2024, 04:56:21 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: There is more to this SEC investigation?  (Read 84 times)
Kalchef (OP)
Member
**
Offline Offline

Activity: 110
Merit: 20


View Profile
June 07, 2022, 07:48:33 AM
 #1

Can anyone tell me the reason why SEC is investigating Binance BNB? Like there must be something going on before the investigation or SEC can just choose any project to investigate? Please tell me more about how SEC works.

██████████████ ███████ █│     S y n t r u m     │     JOIN NOW     │█ ███████ ██████████████
►   Blockchain Infrastructure for DeFi, Gaming and NFT   ◄
██████████████       |       Twitter       |     Telegram     |      Medium      |       ██████████████
JeffBrad12
Hero Member
*****
Online Online

Activity: 2814
Merit: 524


Leading Crypto Sports Betting & Casino Platform


View Profile
June 07, 2022, 08:45:55 AM
 #2

Can anyone tell me the reason why SEC is investigating Binance BNB?
I can't tell you the reason but have you read all of explanation in the article. It was investigating binance exchange site caused by it was conducting ICO a few years ago. Im sure that SEC was always doing this kind of shit. Just ignore it. SEC was only looking for some money from binance. Binance can pay fine easily.

Like there must be something going on before the investigation or SEC can just choose any project to investigate? Please tell me more about how SEC works.
No man, it's just a typical of SEC that was coming after years. SEC was also doing the same with another project in the crypto. They did know so well when the crypto project was conducting ico but SEC was attacking crypto right now

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
passwordnow
Hero Member
*****
Offline Offline

Activity: 2982
Merit: 573


Leading Crypto Sports Betting & Casino Platform


View Profile
June 07, 2022, 09:54:27 AM
 #3

Can anyone tell me the reason why SEC is investigating Binance BNB? Like there must be something going on before the investigation or SEC can just choose any project to investigate? Please tell me more about how SEC works.
They've been doing this to almost every successful project so, this isn't surprising that BNB has taken into their attention but it's long overdue.
It's just about being registered as a security or not. BNB can easily defend itself on this investigation, they've got all the resources and money to defend whatever they want to defend if the SEC asks so.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
crwth
Copper Member
Legendary
*
Offline Offline

Activity: 2800
Merit: 1268


Try Gunbot for a month go to -> https://gunbot.ph


View Profile WWW
June 07, 2022, 10:03:09 AM
 #4

You can check out a topic created by bbc.reporter entitled Binance to be investigated by SEC on ICO of BNB[1].

There is a reference link there and it's pointed at Coin Telegraph[2].

SEC on the other hand focuses on protecting investors by regulating markets. You can check and read it more in-depth here[3]



References:

[1] - https://bitcointalk.org/index.php?topic=5401624
[2] - https://cointelegraph.com/news/bad-day-for-binance-with-sec-investigation-and-reuters-expose
[3] - https://www.investopedia.com/terms/s/sec.asp

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
████▄▄█████▄▄
░▄████
███████████▄
▐███
███████████████▄
███
████████████████
███
████████████████▌
███
██████████████████
████████████████▀▀▀
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
.
▬▬
VS
▬▬
████▄▄▄█████▄▄▄
░▄████████████████▄
▐██████████████████▄
████████████████████
████████████████████▌
█████████████████████
███████████████████
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
/// PLAY FOR  FREE  ///
WIN FOR REAL
..PLAY NOW..
el kaka22
Legendary
*
Online Online

Activity: 3556
Merit: 1162


www.Crypto.Games: Multiple coins, multiple games


View Profile
June 10, 2022, 03:06:44 PM
 #5

There is really nothing going on with it, it is just a regular thing and we shouldn't be shocked about it. I personally believe that SEC just saw that there is a good chance they could end up making some money from it, investigate it further, find any loopholes or problems there, and end up using that to extort money out of Binance saying they did something wrong.

Binance will want to continue to work with USA, so they will pay it, to keep it silent and not create any issues and that way everyone wins. Remember the old USDT one? That was a hoax as well, USDT had a ton of problems but paid a small fee and got out without any damages to them at all.

█████████████████████████
███████▄▄▀▀███▀▀▄▄███████
████████▄███▄████████
█████▄▄█▀▀███▀▀█▄▄█████
████▀▀██▀██████▀██▀▀████
████▄█████████████▄████
███████▀███████▀███████
████▀█████████████▀████
████▄▄██▄████▄██▄▄████
█████▀▀███▀▄████▀▀█████
████████▀███▀████████
███████▀▀▄▄███▄▄▀▀███████
█████████████████████████
.
 CRYPTOGAMES 
.
 Catch the winning spirit! 
█▄░▀███▌░▄
███▄░▀█░▐██▄
▀▀▀▀▀░░░▀▀▀▀▀
████▌░▐█████▀
████░░█████
███▌░▐███▀
███░░███
██▌░▐█▀
PROGRESSIVE
      JACKPOT      
██░░▄▄
▀▀░░████▄
▄▄▄▄██▀░░▄▄
░░░▀▀█░░▀██▄
███▄░░▀▄░█▀▀
█████░░█░░▄▄█
█████░░██████
█████░░█░░▀▀█
LOW HOUSE
         EDGE         
██▄
███░░░░░░░▄▄
█▀░░░░░░░████
█▄░░░░░░░░█▀
██▄░░░░░░▄█
███▄▄░░▄██▌
██████████
█████████▌
PREMIUM VIP
 MEMBERSHIP 
DICE   ROULETTE   BLACKJACK   KENO   MINESWEEPER   VIDEO POKER   PLINKO   SLOT   LOTTERY
ANSEL_2.0
Member
**
Offline Offline

Activity: 271
Merit: 14


View Profile
June 10, 2022, 03:25:49 PM
 #6

No cause for alarm mate, this is something that can be called normal routing lol, as time goes on many exchanges will face the same screening? Investigation? Or call it whatever you like, the thing is binance got the money to survive through all odds so relax its nothing to worry about.

██████████████ ███████ █│     S y n t r u m     │     JOIN NOW     │█ ███████ ██████████████
►   Blockchain Infrastructure for DeFi, Gaming and NFT   ◄
██████████████       |       Twitter       |     Telegram     |      Medium      |       ██████████████
palle11
Sr. Member
****
Offline Offline

Activity: 2338
Merit: 332


View Profile
June 10, 2022, 03:48:21 PM
 #7

I think it is away of showing that they are around and watch dog to exchange incase they can find something. I think binance had a launchpad and I didn't see anyone complained about scam or any other thing. They probably sniffing around to find something to regulate on. All of that is showing of normal routine check and the much I can say is binance is hardly getting a negative review from users.
cryptoaddictchie
Legendary
*
Offline Offline

Activity: 2114
Merit: 1322



View Profile
June 10, 2022, 04:30:41 PM
 #8

Can anyone tell me the reason why SEC is investigating Binance BNB? Like there must be something going on before the investigation or SEC can just choose any project to investigate? Please tell me more about how SEC works.
They always like that actually. Sec loves a good fud, and they only not done it for the first time and with too many projects already.

Sec chooses probably those top coins and as I can see it, bnb is a good one on the spotlight as their ceo is quite popular and they are really trying to dig on them for years. But also this could also means they wanted it to go down, probably they wanna bag some at a lower price.

▄▄███████████████████▄▄
▄█████████▀█████████████▄
███████████▄▐▀▄██████████
███████▀▀███████▀▀███████
██████▀███▄▄████████████
█████████▐█████████▐█████
█████████▐█████████▐█████
██████████▀███▀███▄██████
████████████████▄▄███████
███████████▄▄▄███████████
█████████████████████████
▀█████▄▄████████████████▀
▀▀███████████████████▀▀
Peach
BTC bitcoin
Buy and Sell
Bitcoin P2P
.
.
▄▄███████▄▄
▄████████
██████▄
▄██
█████████████████▄
▄███████
██████████████▄
███████████████████████
█████████████████████████
████████████████████████
█████████████████████████
▀███████████████████████▀
▀█████████████████████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀

▀▀▀▀███▀▀▀▀
EUROPE | AFRICA
LATIN AMERICA
▄▀▀▀











▀▄▄▄


███████▄█
███████▀
██▄▄▄▄▄░▄▄▄▄▄
████████████▀
▐███████████▌
▐███████████▌
████████████▄
██████████████
███▀███▀▀███▀
.
Download on the
App Store
▀▀▀▄











▄▄▄▀
▄▀▀▀











▀▄▄▄


▄██▄
██████▄
█████████▄
████████████▄
███████████████
████████████▀
█████████▀
██████▀
▀██▀
.
GET IT ON
Google Play
▀▀▀▄











▄▄▄▀
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!