BNB, which powers the BNB Chain ecosystem, is up 5.31% in the last 24 hours. The SEC has recently filed 13 separate charges against global cryptocurrency exchange Binance and Binance CEO CZ. The SEC has claimed that Binance has violated federal securities laws. In the case file, BNB is defined as a security. The SEC has also requested a temporary restraining order to freeze BinanceUS assets. The judge has ordered the SEC and Binance to continue negotiating, and this development may have been instrumental in the rise of BNB.
