BUSD the next UST? Binance investigated!

I think many of the Binance IPO whales will move away from BNB and BUSD after the news that the Securities and Exchange Commission (SEC) is investigating Binance for the issuance of its cryptocurrency token Binance Coin.

A report from Reuters agency says that Binance unknowingly processed billions in illicit transactions, including illegal drug sales, hacks, and investment fraud totaling $2.35 billion!

I think this could lead to sell-off in the crypto market if it proves to be true.

Looking forward to read your opinion about it.

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Seems like it will happen! Sooner or later.
Feeling Prophetic! :)))

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Watch Out for a potential depegging!

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Binance will cease support for BUSD products on 2023-12-15.