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    The SEC sues Binance, unveils 13 charges against crypto exchange in sweeping lawsuit

    by David Gura Jun 05, 2023 2 minutes
    Binance Co-Founder and CEO Changpeng Zhao, widely known as CZ, speaks during a press conference at the Europe's largest tech conference, the Web Summit, in Lisbon on Nov. 2, 2022. The SEC sued Binance and CZ on Monday, saying the company misled customers among other charges.

    U.S. regulators have targeted another giant in the world of crypto.

    The Securities and Exchange Commission has filed 13 charges against Binance, the world's top crypto exchange, as well as its billionaire co-founder and CEO, Changpeng Zhao, who is widely know as CZ. It's the latest in a string of actions being taken against crypto companies.

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