CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
CoinTurk News 2023-07-28 06:57:17

Anticipated Move Made! Binance Requests Dismissal of Charges Brought by CFTC!

Cryptocurrency exchange Binance, CEO Changpeng Zhao (CZ), and former Chief Compliance Officer Samuel Lim have filed a motion in a federal court in the US, requesting the dismissal of the lawsuit filed by the US Commodity Futures Trading Commission (CFTC). The lawyers representing Binance and Zhao had previously submitted a motion for the dismissal of the case in a Chicago court. “CFTC Engaging in Regulatory Overreach” In their court filing, Binance and CZ’s lawyers described the CFTC’s action as regulatory overreach and stated, “In this case, the CFTC is attempting to regulate foreign individuals and companies operating outside of the US. The post Anticipated Move Made! Binance Requests Dismissal of Charges Brought by CFTC! appeared first on COINTURK NEWS.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.