Binance, the largest cryptocurrency exchange in the world in terms of trading volume, is currently facing various legal challenges in the United States. binance Beamten [Email geschützt] Zentraliséiert Exchange Holdings Ltd. and its CEO, changpeng zhao changpeng zhao Grënner a CEO bei Binance Changpeng Zhao is the Founder and Chief Executive Officer at Binance.Säi Bäitrag zur Erhéijung vun Binance huet d'Plattform de gréisste Krypto-Währungsaustausch vun der Welt zënter senger Grënnung am Joer 2017. Zhao huet de Blockchain Netzwierk Binance Smart Chain lancéiert deen e bemierkenswäerte Bäitrag zu der Entwécklung vun der dezentraliséierter finanzéieren Ökosystem. Wärend hien am Joer 2019 dem Binance seng US Partner, Binance.US, gestart huet.
Hien ass allgemeng bekannt als CZ, e chinesesche-kanadesche Business Executive deen als 113. räichste op der Welt klasséiert gouf wéi 2022. An der Vergaangenheet huet hien Fusion Systems gegrënnt, en Handelssystem fir Broker bekannt fir e puer vun de schnellsten Héichfrequenzhandel Systemer fir Broker. Zhao huet als Member vun der Equipe gedéngt, déi Blockchain.info entwéckelt huet an d'Roll vum Chief Technology Officer vun OKCoin gespillt huet, eng sécher Krypto-Währung Austauschplattform fir Bitcoin, Ethereum, Dogecoin an aner Krypto-Verméigen. EntrepreneurInvestisseurDen Chef vun der Firma , have been alleged to have violated US regulations, as stated in a filing made by the Securities and Exchange Commission in a federal court, as reported by Bloomberg.
SEC Chairman Gary Gensler said in a statement, “Through thirteen charges, we allege that Zhao and Binance entities engaged in an extensive web of deception, conflicts of interest, lack of disclosure, and calculated evasion of the law.”
“As alleged, Zhao and Binance misled investors about their risk controls and corrupted trading volumes while actively concealing who was operating the platform, the manipulative trading of its affiliated market maker, and even where and with whom investor funds and crypto assets were custodied,” hien dobäi.
Zhao has acknowledged the situation and indirectly told everyone to ‘Ignore FUD, fake news, attacks.’ He wrote on Twitter,
Liest och: Binance.US reagéiert op SEC Prozess, fuerdert Kongressaktioun fir Reguléierungskloerheet
“Our team is all standing by, ensuring systems are stable, including withdrawals, and deposits. We will issue a response once we see the complaint. Haven’t seen it yet. Media gets the info before we do.”
Since the FTX incident in November, there has been an increase in regulatory actions against the crypto industry. Gensler has been particularly aggressive in his approach toward cryptocurrencies. Furthermore, Kraken, another cryptocurrency exchange, settled a legal matter related to possible violations of sanctions on Iran. As part of the settlement, Kraken agreed to pay $362,000 to the Office of Foreign Assets Control (OFAC) within the US Treasury Department.
Source: https://coinpedia.org/news/breaking-sec-files-lawsuit-against-binance-exchange-alleging-violations-of-u-s-regulations/