The post Breaking: SEC Files Lawsuit Against Binance Exchange Alleging Violations of U.S. Regulations appeared first on Coinpedia Fintech News
Binance, the largest cryptocurrency exchange in the world in terms of trading volume, is currently facing various legal challenges in the United States. Binance Holdings Ltd. and its CEO, Changpeng Zhao, have been alleged to have violated US regulations, as stated in a filing made by the Securities and Exchange Commission in a federal court, as reported by Bloomberg.
SEC Chairman Gary Gensler said in a statement, “Through thirteen charges, we allege that Zhao and Binance entities engaged in an extensive web of deception, conflicts of interest, lack of disclosure, and calculated evasion of the law.”
“As alleged, Zhao and Binance misled investors about their risk controls and corrupted trading volumes while actively concealing who was operating the platform, the manipulative trading of its affiliated market maker, and even where and with who
We współpracy z: https://coinpedia.org/news/breaking-sec-files-lawsuit-against-binance-exchange-alleging-violations-of-u-s-regulations/
