Binance has not offered both bitcoin or Binance Coin, CEO says

(Reuters) -Cryptocurrency change Binance has not offered both bitcoin or , its native token, the corporate’s CEO Changpeng Zhao tweeted on Tuesday.

Final week, Binance was sued by the U.S. Securities and Alternate Fee, which listed 13 prices towards the corporate, Zhao and the operator of its purportedly unbiased U.S. change.

The lawsuits towards Binance and Coinbase (NASDAQ:) World have elevated fears the crypto market’s ordeal may very well be extended additional after the sector was battered by a string of meltdowns together with the chapter of FTX, Binance’s greatest competitor, final yr.

Binance Coin has misplaced greater than 20% in worth because the SEC’s motion.