Bitcoin price remains unfazed by the US CPI announcement on September 13 and continues to move in a range. The weekly chart, however, shows a potential short-term recovery rally that could set the stage for a steep correction.
Binance’s native token, BNB’s price remained unaffected by the development in the lawsuit. In June, the US securities regulator filed a lawsuit against Binance entities and founder Changpeng Zhao with 13 charges. These include operating unregistered exchanges, broker-dealers and clearing agencies, misrepresenting trading controls and oversight on the Binance US platform and the unregistered offer and sale of securities.