Binance CEO Controversial Move: Selling Bitcoin To Save BNB?

The ongoing crackdown by the US Securities and Exchange Commission (SEC) on the crypto industry has taken a toll on one of the largest exchanges in the market, Binance. 
The SEC recently filed a lawsuit against Binance.US, which has resulted in a significant decline in the value of Binance Coin (BNB). BNB has dropped more than 23% in the last week alone, currently trading at $238.Binance CEO’s Bitcoin Sell-Off
As reported by NewsBTC, BNB is facing a potentially catastrophic situation