Crypto Traders Suffer $320M Losses in Liquidations as SEC Lawsuit Against Binance Spurs Market Plunge

Crypto markets nosedived Monday following the SEC suit accusing Binance, the world’s largest crypto exchange by trading volume, and its chief executive, Changpeng “CZ” Zhao, of offering unregistered securities, commingling user deposits and inflating trading volumes.

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Cryptocurrencies: 14,739
Markets: 1,129
Marketcap: $ 2.55 T
24h Vol: $ 177.50 B
BTC Dominance: 51.57%