CryptoNews: Binance plans to petition the court to dismiss the case that the Commodity Futures Trading Commission (CFTC) launched against Binance, the largest Cryptocurrency exchange in the world, in March of this year. 👁
plans to petition the court to dismiss the case that the Commodity Futures Trading Commission launched against Binance, the largest cryptocurrency exchange in the world, in March of this year.
The CEO of Binance, Changpeng Zhao, and the former chief compliance officer, Samuel Lim, announced their plans to submit two separate motions to have the most recent CFTC case dismissed. The deadline for submitting these motions to dismiss has been set to before July 27. Binance has also asked for permission to submit a brief that is longer than the typical 15-page limit in support of the exchange's motions to dismiss.
The Commodity Exchange Act and several related federal regulations are allegedly violated by Binance, according to the CFTC's lawsuit. In response to the allegations, Binance stated that they have been working cooperatively with the CFTC for more than two years and that the complaint filed by the CFTC is unexpected and disheartening.Related Articles
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Binance boss plans to seek dismissal of CFTC complaint, filing showsThe world’s largest crypto exchange and its founder Changpeng Zhao may submit a motion to dismiss the lawsuit filed in March by the Commodity Futures Trading Commission.
Weiterlesen »
Binance Says It Intends to File Motion to Dismiss CFTC Complaint.binance and founder cz_binance plan to seek a dismissal of the CFTC suit against the crypto exchange, which alleges that Binance offered unregistered crypto derivatives and directed U.S. customers to evade compliance controls. thesamreynolds reports
Weiterlesen »
Binance, CEO Changpeng Zhao intends to seek dismissal of CFTC complaintCrypto exchange binance and founder cz_binance are planning to file a motion to dismiss a lawsuit filed by the CFTC in March.
Weiterlesen »
Binance, CZ to Seek Dismissal of CFTC Complaint – Legal Bitcoin NewsCrypto exchange Binance and its founder and CEO Changpeng Zhao (CZ) plan to seek the dismissal of a lawsuit filed by the U.S. CFTC.
Weiterlesen »