Changpeng Zhao rejects CFTC accusations of violating market regulation laws
Yesterday, March 27, the Commodity Futures Trading Commission (CFTC) accused the Binance cryptocurrency exchange of not being registered in the United States and violating federal laws regulating commodity markets. Binance CEO Changpeng Zhao immediately responded to the lawsuit filed in the Northern District Court of Illinois. According to him, the exchange “does not try to make a profit at any cost and never manipulates the market.” In an article on the company’s blog, Zhao said…
