Binance Reportedly Mulls Cutting US Ties; Revelations in SEC’s Charges Against Do Kwon

Binance Holdings, the world’s largest crypto exchange, is considering severing its ties with U.S. business partners amid heightened scrutiny from regulators, according to Bloomberg. Separately, the U.S. Securities and Exchange Commission (SEC) released a 55-page document detailing various charges of fraud against Do Kwon and Terraform Labs, alleging Kwon and others “engaged in a scheme to deceive and mislead investors…in the U.S. and abroad.” The Hash” hosts share their insights on these top stories of the day.