Cryptocurrency Information Haiku – CZ responds to CFTC
Binance’s CZ,
denies CFTC allegations,
disagrees with claims.
In response to the civil enforcement motion by the CFTC, Binance CEO Changpeng Zhao has disputed most of the allegations in opposition to him and his crypto alternate. In a weblog put up, Zhao addressed the fees introduced in opposition to him and three entities working the Binance platform, stating that they don’t agree with the characterization of the problems alleged within the grievance. The U.S. regulator has charged them with a number of violations of the Commodity Alternate Act and CFTC rules.
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