Inside look

Inside look

Inside look

Inside look

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The SEC is looking into Binance's BNB Token ICO.

According to a Monday (June 6) report from Bloomberg, regulators are investigating...

...whether Binance's sale of digital tokens when it was just getting off the ground in 2017 violated securities laws

whether Binance's sale of digital tokens when it was just getting off the ground in 2017 violated securities laws

 and its BNB token, which is currently the world's fifth largest.

The SEC has taken dozens of enforcement proceedings against ICOs

which include releasing virtual tokens to generate funds, according to the study

Binance had previously engaged two legal professionals to assist with regulatory and market compliance, according to PYMNTS.