Binance and Zhao: The Most Striking Claims in CFTC’s Lawsuit

March 27, 2023, 7:30 PM UTC

The top US derivatives regulator’s lawsuit against crypto giant Binance Holdings Ltd. and Chief Executive Officer Changpeng Zhao hammers at the company’s alleged concealment of rules violations in a breakneck pursuit of growth.

As the Commodity Futures Trading Commission goes after the world’s biggest cryptocurrency exchange — in the wake of FTX’s collapse and amid a banking crisis in which crypto figures — here are some of the most striking allegations and details from its suit, which also includes claims of willfully ignoring potential criminal activity.

Read More: Binance, CEO Zhao Sued by US Over ‘Sham’ Compliance Measures

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