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The world’s biggest crypto exchange Binance and its CEO and founder Changpeng Zhao are being sued by the Commodity Futures Trading Commission (CFTC) in the United States for operating what the regulator alleges were an “illegal” exchange and a “sham” compliance programme.
The CFTC sued Binance, Zhao and its former top compliance executive with “willful evasion” of US law “while…
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