I'm not really surprised, are you?

The executive’s warning follows the SEC’s recent leak of screenshotted chat logs between employees, including the company's former compliance lead “Sam Lim” and Head of Business Development “Alvin.”

During their conversations, the employees privately discussed “dumping” their BNB tokens before they tanked, and glibly admitted to “operating an unlicensed securities exchange”—much in line with the SEC’s allegations against Binance.