Binance Coin (BNB) is being investigated by the US Securities and Exchange Commission to determine whether the token was illegally sold as a security.

According to Bloomberg, the US Securities and Exchange Commission (SEC) is currently focusing on the origins of Binance Holdings and the BNB token. In it, the agency will investigate whether the initial offering (ICO) of BNB in ​​2017 was conducted in a similar way to the sale of a security token. If so, Binance could be charged with selling unregistered securities.

Observers say that the scrutiny of BNB could signal a worrisome future for Binance's token. The world's largest cryptocurrency exchange is also facing a number of investigations around the world. ➡️➡️➡️ So we write for BBS network and we are using Binance wallet will it affect our withdrawal??? really bewildered.