BitcoinWarrior

News and Education

Crypto giant Binance hit with US charges for breaking trade rules

Published by
AFP

Washington (AFP) – A top US markets regulator on Monday charged cryptocurrency giant Binance and its founder Changpeng Zhao with multiple violations, in another move by Washington against the once high-flying sector. Rostin Behnam, chairman of the Commodity Futures Trading Commission (CFTC), said the charges against Binance, the world’s largest crypto exchange, were part of a campaign to “find and stop misconduct in the volatile and risky digital asset market.” The allegations targeted Zhao, also known by his Twitter handle CZ, and three entities that make up his crypto empire. Zhao was often …

Read More