Crypto exchange Binance and its CEO sued by CFTC over regulatory violations

US regulators sue crypto exchange Binance and CEO Changpeng Zhao

Binance and its creator Changpeng Zhao, are being sued by the US Commodity Futures Trading Commission for evading US federal laws and operating an illegal digital asset exchange.

Who Is Changpeng Zhao? Crypto Giant Binance Boss Sued By US Regulator

Changpeng Zhao is the founder and current chief executive officer of Binance, the world's largest cryptocurrency exchange. He was born in China's Jiangsu province in 1977 and his parents were teachers. Mr Zhao and his mother migrated from China to Canada in 1989, months after the Tiananmen Square massacre. He lived in Vancouver as a teenager and worked at McDonald's and did overnight shifts at a gas station. In 2005, Changpeng Zhao went back to …

Bitcoin and Ether are down 3% after CFTC sued Binance and its CEO over US regulatory violations

Binance breached eight provisions of the Commodity Exchange Act, the US regulator said in a complaint filed in a Chicago federal court Monday.

US regulator sues crypto giant Binance, CEO Changpeng Zhao – DW – 03/28/2023

The US Commodity Futures Trading Commission charged the world's biggest crypto exchange and its CEO Changpeng Zhao with "willful evasion" of US law. Zhao has rejected the allegations against him.

US regulator sues top crypto exchange Binance, CEO

US Commodity Futures Trading Commission claims world's biggest crypto exchange engaged in "willful evasion" of US law.

US regulator sues top crypto exchange Binance, CEO for 'willful evasion'

The CEO of Binance, world's larest crypto currency exchange, Changpeng Zhao, was sued by the U.S. Commodity Futures Trading Commission (CFTC) on Monday