U.S. SEC is investigating Binance’s U.S. arm’s trading arm

time:2022-02-16 04:00 source:Internet

On February 16, the U.S. Securities and Exchange Commission was reviewing the relationship between Binance’s U.S. arm and market makers Sigma Chain AG and Merit Peak Ltd. It is reported that the two market makers have ties to the founder of Binance, and the SEC asked Binance.US to provide information about the two market makers. Zachary Tindall, a spokesman for Binance.US, declined to comment on the SEC’s investigation and any ties to the two trading firms. "Binance.US is committed to maintaining the highest standards of compliance," he said.

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