Binance and its chief executive Changpeng Zhao, were accused of breaking U.S. rules, says Securities and Exchange Commission. Read on
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In a case filed in U.S. federal court on Monday, the U.S. Securities and Exchange Commission alleged that the firm flouted investor protection rules by operating unregistered exchanges, misrepresenting trading controls and selling unregistered securities, among other violations.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter.
A representative for Binance didn’t immediately respond to a request for comment. On Twitter, Zhao said his team would review the complaint.Article content
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