CFTC Eyes Cryptocurrency Exchanges: Binance Said It’s Only the Beginning!

The US Commodity Futures Trading Commission (CFTC) stated that the sanctions imposed against Binance and former CEO Changpeng Zhao (CZ) are just the beginning.

Cryptocurrency exchange Binance and its CEO C.Z. and with the U.S. Department of Justice (DOJ). 21 November day an expensive compromise provided and CZ resigned from his position resignation He had. According to the press release made by DOJ that day CFTC president Many names, including those who participated and opposed the cryptocurrency industry that harsh sanctions will continue He gave clear messages about

According to the news reported by Business Insider on November 24, CFTC took action shortly after the settlement in question. continue your harsh messages brought. In the statement made by the regulatory body, Changpeng Zhao And Binance The case against him is aimed at the cryptocurrency industry just the beginning of a more aggressive pursuit It was stated that.

Also paid by Binance 4.3 billion dollars It was emphasized that some of it will be transferred to the control of the CFTC and will be used to attack the cryptocurrency industry more strongly. It looks like the CFTC to hit the cryptocurrency industry It will still use the same sector’s money.

In the statement made VPN or which simply asks users to prove they are not US residents. pop-up questions too including Able to bypass KYC rules to other actions tolerance will not be shown was expressed.

CFTC Commissioner, who stands out with his statements on the subject Christy Goldsmith RomeroWhile stating that CFTC is an unlimited power that can reach anywhere in the world Pirate ships will not be allowed in US markets told:

There is no room for pirate ships in the US markets. Access to US customers is a privilege, not a right.

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