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28-03-2023, 04:11 PM
(This post was last modified: 28-03-2023, 04:13 PM by EnSabahNur.)
The CFTC complain against Zhao Changpeng, Samuel Lim and Binance is really quite something.
https://www.msn.com/en-us/money/companie...r-AA198mDc
The CFTC alleged that Binance violated federal law to solicit U.S. users for millions in revenue, a potentially existential threat to the exchange.
Binance, its CEO Changpeng Zhao, and its former compliance officer, Samuel Lim, are all named in the complaint.
CNBC previously reported on how Binance engages in similar activity to solicit mainland Chinese users.
Some snippets here of the crazy details:
https://adragonhoard.blogspot.com/2023/0...arges.html
Or just read the CFTC complain directly... it's crazy
https://www.courtlistener.com/docket/670...on-v-zhao/
https://www.msn.com/en-us/money/companie...r-AA198mDc
The CFTC alleged that Binance violated federal law to solicit U.S. users for millions in revenue, a potentially existential threat to the exchange.
Binance, its CEO Changpeng Zhao, and its former compliance officer, Samuel Lim, are all named in the complaint.
CNBC previously reported on how Binance engages in similar activity to solicit mainland Chinese users.
Some snippets here of the crazy details:
https://adragonhoard.blogspot.com/2023/0...arges.html
Or just read the CFTC complain directly... it's crazy
https://www.courtlistener.com/docket/670...on-v-zhao/