Crypto Market Slumps as SEC Files Lawsuit Against Binance
Cryptocurrency prices experienced a significant decline on Monday following the US Securities and Exchange Commission’s (SEC) charges against Binance, the world’s largest crypto exchange, for violating securities laws. Bitcoin, the leading cryptocurrency, fell by 5.5% to $25,662.50, marking its lowest level since March, as reported by Coin Metrics. Ether, the second-largest cryptocurrency, also slid by …
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