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Commodity Futures Trading Commission

Changpeng Zhao resigns as CEO of Binance

Binance CEO Changpeng Zhao agreed with the Treasury Department and the US Commodity Futures Trading Commission to resign and plead guilty to several crimes. According to The Wall Street Journal, the agreement between the parties “includes both he and the company pleading guilty to charges related…

Binance is sued for violating regulations in the United States

The main cryptocurrency exchange platform Binance, as well as its founder Changpeng Zhao, were indicted this Monday by the Commodity Futures Trading Commission, CFTC, for alleged violations of US law regulations. According to the CFTC,…