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.