Binance’s CZ refutes CFTC’s claims of improper compliance procedures and trading

Binance’s CZ refutes CFTC’s claims of improper compliance procedures and trading

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Commodity Futures Trading Commission (CFTC) made a surprise lawsuit against Binance. The lawsuit has labelled Bitcoin, Ether, Binance USD, Tether and Litecoin as commodities. CFTC also made allegations of market manipulation and a lack of compliance efforts. Binance CEO Changpeng ‘CZ’ Zhao has…

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