Trading volume on decentralized exchanges (DEX) jumped by 88% in the 24 hours after the news that the U.S. Securities and Exchange Commission (SEC) sued centralized crypto exchange Binance.
On June 5, the financial regulator filed 13 charges against Binance and its CEO, Changpeng Zhao, for violating federal securities law and further alleged that the exchange facilitated the trading of crypto securities tokens.
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