CFTC sues Binance for illegally serving US clients while Dogecoin and Shiba Inu continue to rise.
TL;DR Summary
The US Commodity Futures Trading Commission (CFTC) has accused Binance, one of the world's largest cryptocurrency exchanges, of illegally serving US clients. The CFTC alleges that Binance allowed US residents to trade derivatives that are subject to US regulations without registering with the agency. Binance has not yet responded to the allegations.
- Crypto exchange Binance accused by CFTC of illegally serving US clients Financial Times
- Binance and founder Changpeng Zhao violated compliance rules to attract U.S. users, CFTC alleges CNBC
- US regulators sue crypto megaplatform Binance and its CEO CNN
- Binance Sued by CFTC Over Evading U.S. Rules The Wall Street Journal
- Why Dogecoin And Shiba Inu (SHIB) Are Moving Benzinga
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