Tip: Try a valid symbol or a specific company name for relevant results A pro-grade research workspace with advanced charts, company data and real-time news. Now part of Yahoo Finance Gold.Learn more Binance Coin (BNB) May Be the Fourth-Largest Crypto in the World, but Here's Why It's Still a Sell The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading.
Coinbase pays us for certain activity generated through this link. Prices displayed are informational. For now, **BNB** (CRYPTO: BNB) is worth selling for most investors, even though it's the fourth-largest cryptocurrency and up 240% in the last three years alone.
That significantly outperformed most other crypto majors, including **Bitcoin**, **Ethereum**, and **XRP**. So why should people avoid a coin that has tended to gain value over time? In short, BNB is the native coin of BNB Chain, a blockchain that grew out of Binance, a major crypto exchange that operates worldwide.
Binance had $11.4 trillion in trading volume in the first half of 2026, and reported 323 million registered users as of July. A new federal case just put the exchange back in the spotlight for the wrong reasons -- and it isn't the first time legal issues have brought Binance bearish tidings. **_Missed Nvidia in 2009? This Rare Signal Is Flashing Again._**_In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia._**_Continue »_** Binance paid $4.3 billion in 2023, and it might pay more soon On Sept. 14, the U.S. Department of Justice (DOJ) said it had moved to seize about $61 million in crypto funds that were tied to Iranian oil sales, which are subject to sanctions. The DOJ alleges that two China-based companies laundered the proceeds of those oil sales through trading accounts at Binance.
Binance isn't presently named as a defendant in the case. The federal complaint's claims are just allegations for now, and Binance denied any wrongdoing when it received earlier reports about the two companies. On that note, in February of this year, a Senate subcommittee requested the exchange's records on the same two businesses, stating that "Binance appears to have ignored warnings and recommendations to prevent Iranian money laundering schemes on its cryptocurrency exchange." That doesn't exactly seem like a favorable way to be mentioned by Congress.
Extract — continue reading at the source.
