*SEC SUES BINANCE AND CEO ZHAO FOR BREAKING U.S. SECURITIES RULES
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SEC Sues Crypto Exchange Binance, CEO Changpeng ZhaoBREAKING: Crypto exchange binance and CEO cz_binance sued by the SEC on allegations of violating federal securities laws. nikhileshde reports.
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US SEC sues Binance, founder Zhao alleging securities law violationsThe world's largest crypto exchange Binance and its CEO and founder Changpeng Zhao were sued by the U.S. Securities and Exchange Commission on Monday for failing to restrict U.S. customers from its platform and misleading investors about its market surveillance controls, as well as for operating an unregistered securities exchange.
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SEC sues Binance and CEO Changpeng Zhao for U.S. securities violationsBinance and Zhao allegedly undermined the company's own compliance, courted U.S. investors, and traded against its customers using market-making companies.
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US SEC sues Binance, CEO Zhao for breaking securities rules: BloombergThe U.S. Securities and Exchange Commission has sued Binance Holdings Ltd. and CEO Changpeng Zhao, Bloomberg News reported, citing a federal court filing.
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SEC Sues Crypto Exchange Binance, CEO Changpeng Zhao Over Multiple Securities Violation AllegationsUPDATE: The price of bitcoin has plunged under $26K as the details roll in from the SEC's suit against Binance and CZ. nikhileshde and IanAllison123 report
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Binance Hands Rising Star Teng Key Role to Replace CEO Zhao at Largest Crypto ExchangeTaking an expanded role overseeing regional markets outside the U.S., former regulator Richard Teng wants to demonstrate Binance is “a new organization.”
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