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Binance Takes On CFTC with Plans to Seek Dismissal of Lawsuit
Binance and its Founder and CEO, Changpeng Zhao, are planning to seek the dismissal of a case filed by the Commodity Futures Trading Commission (CFTC) in March. According to a court document filed yesterday (Monday), the crypto exchange and Zhao are expected to respond to the complaint on July 27.The CFTC is accusing the company and its founder of violating federal regulations related to the issuance of commodities. Particularly, the regulator claims that Binance violated the Commodity Exchange...
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Posted: Jul 25 2023, 08:00
Author Name: financemagnates
Views: 080831