- Binance.US is wrestling with countless legal issues, leading to a whopping 70% decline in its revenue.
- The company is under the scrutiny of the Department of Justice (DOJ) and Securities and Exchange Commission (SEC), facing potential allegations of misuse of customer funds and securities law violations.
- Internal issues, such as layoffs and executive exits, are also plaguing the firm, casting a cloud over the company's future profitability and survival.
by Fiscal Beat Staff | Sep 27, 2023