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BNB price risks 40% drop as SEC launches probe against Binance -Breaking

by Mike Robinson

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BNB prices could drop 40% as the SEC investigates Binance

(BNBThe ) price fell by almost 7.3% to $275 on June 7, its lowest point in three weeks.

BNB prices could fall by as much as 40% in 2022, given that Binance is its parent company. Breaking securities regulationsLaundering billions in illegal funds to criminals.

BNB’s market capitalization stood at $45.42 Billion as of June 7. Source: CoinMarketCap
Weekly price chart. Source: TradingView