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Evening Standard
Evening Standard
Business
Simon Hunt

Binance CEO Changpeng Zhao sued by US watchdog over alleged trading rules breach

Changpeng Zhao Binance United States Commission Lim. Crypto

Binance founder and CEO Changpeng Zhao has been sued by the US Commodity Futures Trading Commission after the crypto firm was accused of breaching trading rules.

In a court filing in Chicago the Commission said Binance had failed to properly register with the regulator, a condition of allowing US customers to trade certain crypto assets such as derivatives.

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