The world’s largest cryptocurrency exchange Binance and CEO Changpeng Zhoa (CZ) have been sued by the US Commodity Futures Trading Commission (CFTC).
Binance and CEO CZ have been sued by the CFTC for regulatory violations, Bloomberg reported March 27. In the case in question, the CFTC indifferently vouched for US investors.amad transactions And option contract claimed to offer.
The CFTC is also Binance’s Chief Compliance Officer. Samuel Lim also blamed. In the published document, Bitcoin, Ethereum (ETH) and Litecoin (LTC) were qualified as commodities.
Binance CEO CZ on Twitter, citing this lawsuit as a FUD from your account “4” Wrote.
With the news, all cryptocurrencies fell sharply. bitcoin 1,000 dollars BNB price while falling 5% depreciating for $312 declined. In addition, the value of the total cryptocurrency market is approximately 50 billion dollar decreased.