Cryptocurrency News

BNB price risks 40% drop as SEC launches probe against Binance

2022.06.07 18:55

BNB price risks 40% drop as SEC launches probe against Binance
BNB price risks 40% drop as SEC launches probe against Binance

Binance Coin (BNB) price dropped by nearly 7.3% on June 7 to below $275, its lowest level in three weeks.

What’s more, BNB price could drop by another 25%-40% in 2022 as its parent firm, Binance, faces allegations of breaking securities rules and laundering billions of dollars in illicit funds for criminals.

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