https://web3isgoinggreat.com/?id=cftc-sues-binance-and-ceo-changpeng-zhao
𝗨𝗦 𝗖𝗙𝗧𝗖 𝘀𝘂𝗲𝘀 𝗕𝗶𝗻𝗮𝗻𝗰𝗲 𝗮𝗻𝗱 𝗖𝗘𝗢 𝗖𝗵𝗮𝗻𝗴𝗽𝗲𝗻𝗴 𝗭𝗵𝗮𝗼
The US Commodity Futures Trading Commission (CFTC) filed charges against the crypto exchange Binance and its CEO Changpeng "CZ" Zhao for allegedly violating rules around trading and derivatives. Binance is the largest cryptocurrency exchange in the world.
The CFTC has alleged that "Binance has taken a calculated, phased approach to increase its United States presence despite publicly stating its purported intent to 'block' or 'restrict' customers located in the United States from accessing its platform... All the while, Binance, Zhao, and Lim, the platform's Chief Compliance Officer ('CCO'), have each known that Binance's solicitation of customers located in the United States subjected Binance to registration and regulatory requirements under U.S. law. But Binance, Zhao, and Lim have all chosen to ignore those requirements and undermined Binance's ineffective compliance program by taking steps to help customers evade Binance's access controls."
The CFTC is only one of several US groups looking into Binance, with the SEC also reportedly scrutinizing the exchange and the Department of Justice considering charges.
MTozoni ⚡😺
npub10k…z4y6g
2023-03-27 17:37:29
Author Public Key
npub10ke32hpkj9l0765w0k37pcjd739humclg36zmntcea240t7e6apqwz4y6gPublished at
2023-03-27 17:37:29Event JSON
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"content": "https://web3isgoinggreat.com/?id=cftc-sues-binance-and-ceo-changpeng-zhao\n\n𝗨𝗦 𝗖𝗙𝗧𝗖 𝘀𝘂𝗲𝘀 𝗕𝗶𝗻𝗮𝗻𝗰𝗲 𝗮𝗻𝗱 𝗖𝗘𝗢 𝗖𝗵𝗮𝗻𝗴𝗽𝗲𝗻𝗴 𝗭𝗵𝗮𝗼\n\nThe US Commodity Futures Trading Commission (CFTC) filed charges against the crypto exchange Binance and its CEO Changpeng \"CZ\" Zhao for allegedly violating rules around trading and derivatives. Binance is the largest cryptocurrency exchange in the world.\nThe CFTC has alleged that \"Binance has taken a calculated, phased approach to increase its United States presence despite publicly stating its purported intent to 'block' or 'restrict' customers located in the United States from accessing its platform... All the while, Binance, Zhao, and Lim, the platform's Chief Compliance Officer ('CCO'), have each known that Binance's solicitation of customers located in the United States subjected Binance to registration and regulatory requirements under U.S. law. But Binance, Zhao, and Lim have all chosen to ignore those requirements and undermined Binance's ineffective compliance program by taking steps to help customers evade Binance's access controls.\"\n\nThe CFTC is only one of several US groups looking into Binance, with the SEC also reportedly scrutinizing the exchange and the Department of Justice considering charges.",
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