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SEC Accuses Binance's Zhao of Breaking Securities Rules
The Treasury Department threatened to name Binance as a primary money-laundering concern, which would have effectively cut it off from the US. Binance is due to square off against the U.S. Securities and Exchange Commission (SEC) in a Washington courtroom next week, in another. Its guilty plea calls for Binance to implement effective anti-money-laundering and sanctions-compliance programs and requires a court-appointed.