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Crypto exchange Binance and its CEO sued by CFTC over regulatory violations
© Reuters. FILE PHOTO: Zhao Changpeng, founder and chief executive officer of Binance, at the Viva Technology conference in Paris, France June 16, 2022. REUTERS/Benoit Tessier
By Tom Wilson
(Reuters) – Major cryptocurrency exchange Binance and its Chief Executive Changpeng Zhou have been sued by the Commodity Futures Trading Commission(CFTC) over regulatory violations, according to a court filing on Monday.
Binance did not immediately respond to a request for comment. A spokesperson for the CFTC did not respond immediately to requests for comment.
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