TECH Binance and founder Changpeng Zhao sued by CFTC for allegedly violating trading rules

TL;DR

The Commodity Futures and Trading Commission filed a complaint against crypto exchange Binance, its co-founder, Changpeng Zhao, and its former chief compliance officer, Samuel Lim, alleging that Binance actively solicited U. Binance's VIPs were offered special privileges when law enforcement agencies pursued them or froze their assets, the CFTC alleged, claiming Binance gave VIPs a heads up or suggested they take their assets off the platform. call to Binance's devoted international userbase to dismiss negative publicity about the exchange as "fake news

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