Binance CEO Rejects SEC's Allegation Regarding Wallet Provider Ceffu

Binance CEO Changpeng "CZ" Zhao has responded to allegations the US Securities and Exchange Commission (SEC) raised regarding Binance.US's association with wallet provider Ceffu. The SEC has expressed suspicions that the wallet might be linked to Binance's partner company, BAM. On Tuesday, Zhao refuted these claims on X (formerly known as Twitter), stating: "I want to clarify that Binance US has never utilized Ceffu or Binance Custody. These claims are unfounded."...