Binance cryptocurrency platform faces lawsuit for regulatory violation in the United States.

By with AFP

Cryptocurrency exchange is sued by the US financial derivatives regulator for willfully circumventing US regulations

The American financial derivatives regulator, the CFTC, announced in a statement on Monday that it had sued the world’s largest cryptocurrency trading platform, Binance, as well as its boss Changpeng Zhao, for willfully circumventing the US regulations.

In the document filed in federal court in Illinois (north), the CFTC claims in particular that Binance be prohibited from registering and selling certain financial products in the United States.

Read more:  Who is to blame - Invisible dog

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recent News

Editor's Pick