Binance is sued
- March 28, 2023
- 0
US Commodity Futures Trading Commission (CTFC) sues BinanceThe world’s largest cryptocurrency exchange. Binance; It has been accused of illegally selling currencies such as Bitcoin, Etherum, Litecoin and Tether
US Commodity Futures Trading Commission (CTFC) sues BinanceThe world’s largest cryptocurrency exchange. Binance; It has been accused of illegally selling currencies such as Bitcoin, Etherum, Litecoin and Tether to individual investors. The case is about Binance’s accusation. encouraged Investors will use VPNs to set up front companies in places like the British Virgin Islands and the Netherlands to avoid US trade restrictions.
“Zhao is not responsible to anyone but himself”
lawsuit filed CTFC, accepted One of the most comprehensive lawsuits filed against cryptocurrency exchanges. The evolution of the lawsuit filed on March 27 against Binance employees and the company, including the Binance CEO and founder. Changpeng Zhao can change the cryptocurrency exchange rate.
The lawsuit claims that Binance has taken steps to control the bitcoin markets. The CTFC, which has very strict rules regarding leveraged transactions in the USA, wants to be on the alert for possible risks. manipulation
According to US officials, Binance CEO ChangPeng Zhao, who is considered a wonder in the cryptocurrency world, does not report to anyone but himself.
In the lawsuit filed against Binance, the CTFC “Binance has instructed US customers to avoid such checks by using a VPN to hide their true location. VPN clients for accessing and trading on the Binance platform are a well-known fact. They know and do not block, they encourage VPN use.” conveyed his words.
Source: Port Altele
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