{"id":9495,"date":"2023-04-01T15:38:25","date_gmt":"2023-04-01T13:38:25","guid":{"rendered":"http:\/\/costops.com\/index.php\/2023\/04\/01\/from-hamas-warnings-to-vip-perks-and-criminal-clients-the-us-regulators-claims-against-binance\/"},"modified":"2023-04-01T15:38:25","modified_gmt":"2023-04-01T13:38:25","slug":"from-hamas-warnings-to-vip-perks-and-criminal-clients-the-us-regulators-claims-against-binance","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/04\/01\/from-hamas-warnings-to-vip-perks-and-criminal-clients-the-us-regulators-claims-against-binance\/","title":{"rendered":"From Hamas warnings to VIP perks and criminal clients: the US regulator\u2019s claims against Binance"},"content":{"rendered":"

Just months after the FTX collapse, a US watchdog is suing Changpeng Zhao\u2019s firm, the world\u2019s biggest digital-asset market, over a slew of allegations that make jaw-dropping reading<\/p>\n

Binance is the world\u2019s largest cryptocurrency exchange and a cornerstone of the $1tn digital asset market. It has 128 million customers, handles $65bn in daily trades and its commercial partners include Cristiano Ronaldo, Italy\u2019s Lazio football team and TikTok megastar Khaby Lame<\/a>. So when a US regulator announced last week it was suing Binance for \u201cwilful evasion of US law\u201d, it was a significant moment for a sector still reeling from the collapse of FTX<\/a>.<\/p>\n

The Commodity Futures Trading Commission (CFTC) filed the civil enforcement action<\/a> in a federal court in Chicago, seeking punishments including fines and permanent trading bans. It is suing Binance\u2019s Canadian founder and chief executive, Changpeng Zhao<\/a>, and three entities that operate the Binance global trading platform over numerous alleged violations of its regulations and of the Commodity Exchange Act. Binance\u2019s former chief compliance officer, Samuel Lim, is also being sued.<\/p>\n

Continue reading…<\/a>
\nJust months after the FTX collapse, a US watchdog is suing Changpeng Zhao\u2019s firm, the world\u2019s biggest digital-asset market, over a slew of allegations that make jaw-dropping reading
\nBinance is the world\u2019s largest cryptocurrency exchange and a cornerstone of the $1tn digital asset market. It has 128 million customers, handles $65bn in daily trades and its commercial partners include Cristiano Ronaldo, Italy\u2019s Lazio football team and TikTok megastar Khaby Lame. So when a US regulator announced last week it was suing Binance for \u201cwilful evasion of US law\u201d, it was a significant moment for a sector still reeling from the collapse of FTX.
\nThe Commodity Futures Trading Commission (CFTC) filed the civil enforcement action in a federal court in Chicago, seeking punishments including fines and permanent trading bans. It is suing Binance\u2019s Canadian founder and chief executive, Changpeng Zhao, and three entities that operate the Binance global trading platform over numerous alleged violations of its regulations and of the Commodity Exchange Act. Binance\u2019s former chief compliance officer, Samuel Lim, is also being sued. Continue reading…Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"

Just months after the FTX collapse, a US watchdog is suing Changpeng Zhao\u2019s firm, the world\u2019s biggest digital-asset market, over a slew of allegations that make jaw-dropping reading Binance is the world\u2019s largest cryptocurrency exchange and a cornerstone of the $1tn digital asset market. It has 128 million customers, handles $65bn in daily trades and …<\/p>\n

From Hamas warnings to VIP perks and criminal clients: the US regulator\u2019s claims against Binance<\/span> Read More »<\/a><\/p>\n","protected":false},"author":0,"featured_media":9496,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/9495"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=9495"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/9495\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/9496"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=9495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=9495"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=9495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}